NTPC board approves ₹12,000 crore NCD issue
pre-market1 source ↓written by the desknot a recommendation
- through non-convertible debentures
- ₹12,000 crore
- now totaling
- 90,904 MW
NTPC’s board has approved raising up to ₹12,000 crore through non-convertible debentures (NCDs) via private placement. The issuance period will start from the passing of the special resolution until one year later or the next AGM in FY 2027-28. This move aims to enhance operational capacity, now totaling 90,904 MW.
The NCD issue is expected to strengthen NTPC's financial position and support its growth initiatives, potentially boosting investor sentiment in the power sector.
Not investment advice. For informational purposes only.