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NTPC to raise Rs 4,000 crore through NCDs
May-08-2025

NTPC is all set to issue unsecured non-convertible debentures (NCDs) of Rs 4,000 crore on May 09, 2025, through private placement at a coupon of 6.84% p.a. for a tenor of 10 years, maturing on May 09, 2035, under the board resolution dated June 29, 2024 and subsequent approval obtained through shareholders’ resolution dated August 29, 2024. This is the second issue of debentures under the above-mentioned approval.

The said proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes. The debentures are proposed to be listed on BSE.

Debenture Trust Deed will be duly executed as per the requirements of and within the period of time prescribed under the Companies Act and rules specified therein.

NTPC is the flagship company of the NTPC Group. It 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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