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NTPC’s Green Masala bonds listed at Singapore Stock Exchange

NTPC’s Green Masala bonds listed at Singapore Stock Exchange

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State-owned NTPC recently announced the listing of its Rs 2,000 crore Green Masala Bonds at Singapore Stock Exchange.“NTPC has become the flag bearer for Rupee denominated Indian paper bringing in a new set of investors to meet the financing needs of the Indian Infrastructure sector on listing of INR 2000 Crore Green Masala Bonds at Singapore Stock Exchange,” the company said in a statement.

NTPC Director (Finance) K Biswal NTPC was the special speaker at the event where a presentation was made by him to a large audience highlighting the PSU’s Green Masala Bonds issue for financing renewable energy projects.Singapore Stock Exchange unveiled The Global Masala Bonds Hub at the Exchange on Monday.The event was attended by the Indian High Commissioner to Singapore Vijay Thakur Singh, along with other senior dignitaries and officials of SGX and participants from business and investors community.

Biswal thereafter participated in the ‘Striking the Gong Ceremony’, a traditional practice at SGX, to mark the listing of NTPC’s Green Masala Bonds. Muthukrishnan Ramaswami, President of SGX, appreciated NTPC’s continuous support to SGX.

Source:PTI

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Anand Gupta Editor - EQ Int'l Media Network

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