{"id":283988,"date":"2019-07-23T07:07:20","date_gmt":"2019-07-23T07:07:20","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283988"},"modified":"2019-07-23T07:08:42","modified_gmt":"2019-07-23T07:08:42","slug":"ntpc-to-seek-shareholders-nod-to-raise-%e2%82%b9-15000-cr-via-bonds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpc-to-seek-shareholders-nod-to-raise-%e2%82%b9-15000-cr-via-bonds\/","title":{"rendered":"NTPC to seek shareholders nod to raise \u20b9 15,000 cr via bonds"},"content":{"rendered":"<p>State-owned NTPC will seek shareholders\u2019 approval to raise \u20b915,000 crore through issuance of bonds or debentures and to raise borrowing limit to \u20b92 lakh crore, next month.<\/p>\n<p>The company will seek shareholders\u2019 nod through a special resolution to raise funds up to \u20b9 15,000 crore through issue of bonds\/debentures on private placement basis in domestic market.<\/p>\n<p>The funds raised will be used for capex, working capital and general corporate purposes, an NTPC notice for AGM said.<\/p>\n<p>In addition to capital expenditure requirement, the company also needs to borrow to meet its working capital requirement which is partly proposed to be met through issuance of non-convertible bonds, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned NTPC will seek shareholders\u2019 approval to raise \u20b915,000 crore through issuance of bonds or debentures and to raise borrowing limit to \u20b92 lakh crore, next month. The company will seek shareholders\u2019 nod through a special resolution to raise funds up to \u20b9 15,000 crore through issue of bonds\/debentures on private placement basis in domestic market. The funds raised will be used for capex, working capital and general corporate purposes, an NTPC notice for AGM said. In addition to capital expenditure requirement, the company also needs to borrow to meet its working capital requirement which is partly proposed to be [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-283988","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283988"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283988\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}