New Delhi: NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Limited, announced on Friday that it will raise ₹1,500 crore through the issuance of unsecured non-convertible debentures (NCDs) on a private placement basis. The NCDs are scheduled to be issued on November 11, 2025, marking a significant step in the company’s ongoing efforts to strengthen its green energy portfolio and financial resilience.
Proceeds to Fund Expansion and Corporate Objectives
According to the company’s regulatory filing, the proceeds from this issuance will be used to finance capital expenditure, including refinancing and recoupment of expenses already incurred. Additionally, funds will be utilised to provide inter-corporate loans to NGEL’s subsidiaries and joint ventures for their capital projects, as well as for general corporate purposes.
This financial move aligns with NTPC Green Energy’s broader vision to accelerate clean energy development across India, supporting NTPC Group’s ambitious goal of achieving 60 GW of renewable energy capacity by 2032.
Read also: NTPC Green Energy Upgraded to Schedule ‘A’ CPSE, Strengthening India’s Renewable Energy Drive
Debentures Details and Tenure
The company stated that the unsecured NCDs worth ₹1,500 crore will carry a coupon rate of 7.01% per annum and will have a tenure of 10 years and one day, maturing on November 12, 2035. The issuance has been approved under the board resolution dated April 29, 2025, and represents the first tranche under the mentioned approval.
The NCDs are proposed to be listed on the National Stock Exchange (NSE), enhancing transparency and enabling broader investor participation.
Supporting India’s Renewable Energy Transition
This fundraising initiative underscores NTPC Green Energy’s commitment to sustainable financing and its role in India’s energy transition. By leveraging capital market instruments like NCDs, NGEL aims to diversify its funding base and continue developing large-scale solar, wind, and hybrid projects across the country.
About NTPC and NTPC Green Energy
NTPC Limited, a Maharatna Public Sector Undertaking (PSU) under the Ministry of Power, Government of India, is the nation’s largest integrated power producer with a diversified energy portfolio spanning thermal, hydro, solar, wind, and green hydrogen projects.
NTPC Green Energy Limited (NGEL), its renewable-focused subsidiary, leads NTPC’s transition towards sustainable energy solutions, driving projects that contribute to India’s decarbonisation goals and commitment to achieving Net Zero emissions by 2070.
