Sunday , 26 May 2019
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NTPC to raise Rs 4,000 crore via debentures

NTPC to raise Rs 4,000 crore via debentures

NTPC is going to raise Rs 4,000 crore through private placement of secured non-convertible bonds in the nature of debentures at a coupon of 8.30% pa with a door to door maturity of 10 years on January 15, 2019. The proceeds will be utilized to finance capital expenditure / refinancing the debt requirement in on-going projects and other general corporate requirements.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

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