NTPC arm, Maharashtra govt ink pact to develop green hydrogen projects Energy Watch
Companies

NTPC Green Energy's Board to consider raising up to Rs 5,000 cr in FY26

NTPC Green Energy's board will consider a proposal next week to raise up to Rs 5,000 cr through issuance of bonds in one or more tranches

EW Bureau

New Delhi: NTPC Green Energy Ltd's (NGEL) Board of Directors will consider a proposal next week to raise up to Rs 5,000 crore through issuance of bonds in one or more tranches in fiscal 2025-26, said the company in a regulatory filing to the stock exchanges on Thursday. NGEL is the green energy subsidiary of state-owned power major NTPC Limited.

The board meeting is scheduled for April 29, 2025. The board will "consider and approve borrowing (raising of funds) up to a maximum amount of Rs 5,000 crore during 2025-26, by issuing secured/unsecured, redeemable, taxable/ tax free, cumulative, non-cumulative debentures (Bonds/ NCDs) in one or more tranche," a regulatory filing said.

Also Read

Adani Green targets 10,000–15,000 GWh annual battery capacity addition, ramps up storage push

Jet fuel shortages risk looms in Asia, Europe; high costs begin to push up airfares, says IATA chief

Govt moves to allow E85, E100 fuels, expand flex-fuel vehicle norms across segments

OMCs face negative petrol & diesel margins as West Asia disruption pushes up costs: ICRA

India met ~33% of 256 GW peak power demand through renewables, says Joshi