NTPC to raise $750 mn through bonds, syndicate loans

New Delhi: State-owned power firm NTPC today said it would raise up to USD 750 million through bonds and syndicate loan in the current fiscal and is awaiting Finance Ministry's nod.

"We plan to raise USD 500 to 750 million through bond issue, and if we are unable to raise up to USD 750 million through bond issue we would raise USD 250 million via syndicated loan," CMD NTPC Arup Roy Choudhury told reporters here.

"We are hopeful of raising this amount this fiscal as soon as we receive Finance Ministry's approval for the same," he said.

The company has set a capital expenditure plan of Rs 20,000 crore during the current fiscal.

"Our capex for 12th plan period (2012-17) is Rs 2,19,000 crore," he said.