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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.

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