te NTPC raises Rs 800 crore via debentures for capital expenditure | Zee Business

NTPC raises Rs 800 crore via debentures for capital expenditure

The proceeds will be utilised to finance capital expenditure/refinancing the debt requirement in on-going projects including recoupment of expenditure already incurred.

NTPC raises Rs 800 crore via debentures for capital expenditure
NTPC raises Rs 800 crore via debentures. Photo: Pixabay

State-owned power generator NTPC Ltd on Tuesday said it has raised Rs 800 crore through issuance of debentures on private placement basis for capital expenditure.

"NTPC has raised Rs 800 crore on August 23, 2016 through private placement of secured non-convertible debentures at a coupon of 7.58% per annum with a door to door maturity of 10 years," the company has informed BSE today.

The proceeds will be utilised to finance capital expenditure/refinancing the debt requirement in on-going projects including recoupment of expenditure already incurred.

Written By: PTI
Updated: Tue, Aug 23, 2016
05:11 pm
New Delhi, PTI
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