Breaking News

You are here » Indian-Commodity  :  Corporate  :  NTPC to raise Rs 4,000 crore via debentures

12-Jan2019

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.


Related News

View all news

L&T signs definitive agreement to acquire Ruletronics

Larsen & Toubro (L&T) has signed a definitive agreement on January 16, 2019 to acquire Ruletronics (UK), Ruletronics Systems Inc. (US) and Ruletronics Systems. The acquisition is subject......

Orient Electric unveils aeroslim smart ceiling fan

Orient Electric has unveiled a new Aeroslim smart ceiling fan with support for Google Assistant and Amazon Alexa. It is available for Rs 7,790.The smart ceiling fan can be controlled through a dedicated......

Medico Intercontinental gets nod for diversification into pharma industry

Medico Intercontinental has received an approval for diversification into Pharmaceutical Industry and change in main object clause of the memorandum of association (MOA) of the company. The Board of Directors......

Top News

View all news

Medico Intercontinental gets nod for diversification into pharma industry

Medico Intercontinental has received an approval for diversification into Pharmaceutical Industry and change in main object clause of the memorandum of association (MOA) of the company. The Board of Directors......

Jet Airways defers deliveries of six Boeing 737 max aircraft

Jet Airways has deferred deliveries of six Boeing 737 max aircraft due to the payment arrears to its lessors. Jet Airways is India's premier international airline, which operates flights to India and overseas.......

Shakti Pumps extends holiday in main plant

Shakti Pumps (India) is still in process for resolving the issue and appointment of new labour contractors. Hence, the company extended the holiday for January 16, 2019 in the main plant of the company.......