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NTPC’s ₹4,000 Crore NCD Issue Offers Steady Growth and Long-Term Value for Investors

Updated: May 07, 2025 19:54

Image Source: PSU Watch
India's largest power generation company NTPC Ltd. has said that it issued unsecured, non-convertible debentures (NCDs) to the tune of ₹4,000 crore as a private placement with an attractive coupon rate of 6.84% on an annualized basis for 10-year tenor. This is the company's effort, as in line with its regular strategy to obtain long-term finances for capex, refinancing of debt and general corporate use.
  • Key Fundraising Step: NTPC will raise ₹4,000 crore through the issue of NCDs through private placement, strengthening its debt market position and funding its aggressive expansion plans.
  • Soothing Coupon and Tenor: The NCDs will have a coupon rate of 6.84% per annum with a tenor of 10 years, providing investors with a secure, long-term fixed-income instrument.
  • Objective of Issue: The proceeds will be used for capital expenditure, repayment of existing loans, and other general corporate purposes, with continued investment in power generation and infrastructure.
  • Regulatory Compliance: The debentures will be listed on National Stock Exchange (NSE) and the issue and trust deed will be made in compliance with SEBI and Companies Act rules.
  • Market Impact: NTPC's strong financials and reliable profitability make its NCDs a preferred option for institutional investors looking for secure, long-duration returns. The company recently posted a net profit of ₹4,711 crore for Q3 FY25, with revenues increasing 4.8% year-on-year.
  • Investor Confidence: This NCD issue reiterates NTPC's creditworthiness and promise of timely payments, further establishing investor confidence in the company's long-term performance.
NTPC's new issue of NCDs will fuel its next round of expansion, providing stability to investors along with new money for India's energy future.
 
Source: Moneycontrol, NTPC Investor Announcements, India Infoline

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