NTPC Limited has announced that its Board of Directors has approved the issuance of secured or unsecured, redeemable, taxable or tax-free, cumulative or non-cumulative, non-convertible debentures (NCDs/Bonds) amounting to up to Rs. 18,000 crore. The funds will be raised in one or more tranches or series, with a cap of twelve tranches, through private placement in the domestic market.
The approval for this bond issuance is subject to shareholder consent, which will be sought through a Postal Ballot process. The issuance window will commence from the date the special resolution is passed and will remain valid for one year.
Specific terms such as the amount for each tranche, tenure, listing venue (either BSE and/or NSE), coupon rate, and security backing will be finalized at the time of issuance, NTPC stated in a regulatory filing.
Cost Auditors Appointed for FY 2025–26
In addition to the fund-raising approval, the Board also confirmed the appointment of four firms as Cost Auditors for the financial year 2025–26. The appointed firms are:
- M/s Dhananjay V Joshi & Associates
- M/s Niran & Co.
- M/s R M Bansal & Co.
- M/s Chandra Wadhwa & Co.
These appointments reflect NTPC’s ongoing focus on financial transparency and compliance as it continues to expand its energy footprint.
About NTPC
NTPC Limited, a central Public Sector Undertaking under the ownership of the Ministry of Power, Government of India, is India’s largest energy conglomerate. Headquartered in New Delhi, the company is at the forefront of power generation and energy transformation in the country, operating a mix of coal, gas, solar, wind, and hydro power stations.
