NTPC to raise Rs 3,000 crore via bonds on September 13

NEW DELHI: State-run power giant NTPC on Thursday said the company has decided to raise Rs 3,000 crore through issuance of bonds on a private placement basis on September 13.

“NTPC has decided to issue unsecured non-convertible bonds in the nature of debentures of Rs 3,000 crore on 13th September 2021, through private placement at a coupon of 6.69 per cent per annum with a door to door maturity of 10 years,” a BSE filing said.