In Short : State-owned Power Finance Corporation has announced plans to raise up to ₹5,000 crore through the issuance of non-convertible debentures. The proposed fundraising aims to enhance the company’s financial flexibility, support lending to the power and infrastructure sectors, and optimise its capital structure while meeting long-term funding requirements in a cost-effective manner. In […]
NTPC To Raise Rs 1,500 Crore Via Non-Convertible Debentures
State-owned power giant NTPC will on Friday raise Rs 1,500 crore by issuing non-convertible debentures (NCDs) on a private placement basis. ”NTPC has decided to issue unsecured non-convertible debentures of Rs 1,500 crore on 29 April 2022, through a private placement at a coupon of 5.78 per cent per annum with a door to door […]
