NTPC Plans Big: Board to Weigh ₹18,000 Crore Fundraising via NCDs on June 21

Board to Meet for Major Debt-Raising Proposal

Mumbai, 17 June 2025: NTPC Ltd (NSE: NTPC), India’s leading power producer, has scheduled a Board of Directors meeting for Saturday, June 21, 2025, to evaluate a significant fundraising proposal amounting to ₹18,000 crore. The funds are intended to be raised through the issuance of non-convertible debentures (NCDs).

On June 17 at 9:37 AM IST, NTPC Ltd’s stock was trading at ₹336.30, reflecting a gain of ₹2.60 or 0.78% for the day. The stock opened at ₹334.00, reached an intraday high of ₹336.90, and touched a low of ₹333.10. NTPC currently holds a market capitalisation of ₹3.26 lakh crore, with a price-to-earnings (P/E) ratio of 13.92. The stock’s 52-week range spans from a low of ₹292.80 to a high of ₹448.45. No dividend yield or quarterly dividend amount was reported.

Debt Instruments Under Consideration

In accordance with regulatory requirements under Regulation 29(1)(d) and 50(1)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, NTPC has disclosed its plan to raise capital through a variety of debt instruments. These include:

• Secured and Unsecured Debentures
• Taxable and Tax-free Bonds
• Instruments with Cumulative or Non-cumulative Payouts
• Redeemable Non-Convertible Debentures

This fundraising initiative is contingent upon shareholder approval and is intended to optimise the company’s capital structure while supporting both ongoing and future infrastructure projects.

What Triggered the Fundraising?

• Capex push & loan refinancing: NTPC is launching a ₹4,000 crore tranche via NCDs on June 17. The proceeds are earmarked for capital expenditure, refinancing existing debt, and general corporate needs.
• Long-term growth plans: The broader ₹18,000 crore proposal supports a larger funding framework for new assets like pumped storage, renewables, green hydrogen, and offshore wind initiatives.
• Strong Q4 earnings backdrop: With a 22% YoY rise in consolidated profit to ₹7,897 crore and power generation revenue climbing to ₹49,353 crore in Q4 FY25, NTPC is in a strong position to raise and deploy debt.

 About NTPC Ltd

NTPC Limited stands as the nation’s largest integrated energy utility. Listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), the company’s ISIN is INE733E01010. NTPC’s core operations involve the generation and distribution of electricity, with a presence across thermal and renewable energy segments. The organisation is supported by a resilient balance sheet and a diversified project pipeline, reinforcing its capacity to pursue capital-intensive expansion through strategic debt instruments.

REF: https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_58001_1467175_16062025060731_WEB.xml

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