NTPC Green Energy to consider raising up to Rs 5,000 crore via bonds next week
NGEL is an umbrella company for the green business initiatives of state-owned power giant NTPC.
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08:53 PM IST
The NTPC Green Energy Ltd (NGEL) board will next week consider a proposal to raise up to Rs 5,000 crore through issuance of bonds in one or more tranches in fiscal 2025-26.
NGEL is an umbrella company for the green business initiatives of state-owned power giant NTPC.
The board meeting is scheduled for April 29, 2025.
The board will "consider and approve borrowing (raising of funds) up to a maximum amount of Rs 5,000 crore during 2025-26, by issuing secured/unsecured, redeemable, taxable/ tax free, cumulative, non-cumulative debentures (Bonds/ NCDs) in one or more tranche," a regulatory filing said.
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