Government-owned power giant NTPC said on Saturday that its board has cleared a proposal to raise up to Rs 12,000 crore through the issuance of bonds and non-convertible debentures (NCDs).
NTPC said in a regulatory filing, “The Board of Directors of the company has, in its meeting held on Saturday, June 29, subject to approval of shareholders, approved the issue of secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures ('Bonds...
NTPC board gives go-ahead for raising Rs 12,000 crore via NCDs