Mumbai, June 14 -- The company plans to issue unsecured non-convertible debentures (NCDs) amounting to Rs 4,000 crore through private placement at a coupon of 6.89% p.a. The debentures will have a tenor of 10 years and 1 day, maturing on 18 June 2035. They are proposed to be listed on National Stock Exchange (NSE).
Proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes.
Meanwhile, the company's Unit3 (660 MW) of North Karanpura Super Thermal Power Project (3x660 MW) declared commercial operation date (COD) with effect from 15 June 2025.
NTPC is India's largest energy conglomerate. It has presence in the entire value chain of the power generation busi...
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