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.
