NTPC Green Energy Limited (NGEL), the green energy arm of the state-run power major NTPC, is set to consider a proposal to raise up to Rs. 5,000 crore through bond issuance in the upcoming fiscal year 2025-26.
According to a regulatory filing, the NGEL board meeting is scheduled for April 29, 2025, where the proposal will be taken up for approval. The plan involves raising funds by issuing secured or unsecured, redeemable, taxable or tax-free, cumulative or non-cumulative debentures (Bonds/NCDs) in one or more tranches during the financial year.
NGEL serves as the umbrella entity for all of NTPC’s renewable energy initiatives, reflecting the company’s strategic focus on sustainable power generation.
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