NTPC raises Rs 900 crore via debentures

NEW DELHI: State-run power giant NTPC on Tuesday said it has raised Rs 900 crore through issuance of unsecured, redeemable, taxable, listed, rated non-convertible debentures.

The NTPC has issued 9,000 unsecured, redeemable, taxable, listed, rated non-convertible debentures worth Rs 900 crore on February 23, 2021, a BSE filing stated.

The Series-I debentures worth Rs 400 crore would mature on February 23, 2024, while Series-II debentures worth Rs 500 crore would mature on February 23, 2026, the statement said.