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NTPC Green Energy to Raise Rs 1,500 Crore via NCD Issue

NTPC Green Energy Ltd. (NGEL) has announced plans to raise Rs1,500 crore through the issuance of unsecured non-convertible debentures (NCDs) on November 11, 2025, via private placement.

The NCDs will offer an annual coupon rate of 7.01% with a tenor of 10 years and one day, maturing on November 12, 2035. This marks the company’s first issuance under the board’s approval granted on April 29, 2025.

Proceeds from the issue will be allocated toward capital expenditure, including refinancing, reimbursement of past expenses, and the provision of inter-corporate loans to NGEL’s subsidiaries and joint ventures. The remaining funds will support other general corporate purposes.

The proposed debentures will be listed on the National Stock Exchange (NSE), and the Debenture Trust Deed will be executed in accordance with the Companies Act and relevant regulatory provisions.

Through this fundraising, NTPC Green Energy aims to strengthen its financial position and continue supporting India’s growing renewable energy ambitions