• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

NTPC Board Gives Go-Ahead For Raising Rs 12,000 Crore Via NCDs

OMMCOM NEWS by OMMCOM NEWS
June 29, 2024
in Business

New Delhi: Government-owned power giant NTPC said on Saturday that its board has cleared a proposal to raise up to Rs 12,000 crore through the issuance of bonds and non-convertible debentures (NCDs).

NTPC said in a regulatory filing, “The Board of Directors of the company has, in its meeting held on Saturday, June 29, subject to approval of shareholders, approved the issue of secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures (‘Bonds/NCDs’) up to Rs 12,000 crore in one or more tranches/series not exceeding 12, through private placement in the domestic market during the period commencing from the date of passing of special resolution till completion of one year thereof or the date of next Annual General Meeting in the financial year 2025-26, whichever is earlier.”

“The size, tenure, listing details (BSE and/or NSE), coupon, security (if applicable), and other details as applicable will be decided at the time of issuance of each tranche/series,” it added.

NTPC is also going for the world’s first and largest 4G ethanol project at its Lara Thermal Plant in Chattisgarh. Jakson Green Pvt., the renewable energy arm of Jakson Group, earlier this month announced that it has tied up with NTPC to set up the project.

NTPC posted a net profit of Rs 21,332 crore for the financial year ended March 31, 2024, which represented a close to 25 per cent increase over the corresponding figures of the previous year.

The stock price of the company closed 0.62 per cent higher at Rs 379.50 on the BSE on Friday.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

India’s Indigenous Helicopter Grabs Spotlight On Seychelles National Day

Next Post

5 Killed, 20 Injured In Firecracker Warehouse Blast In Philippines

Related Posts

Business

Resounding Victory: Adani Group Gets Clean Chit From SEBI In Landmark Order

September 18, 2025
Business

Those Who Spread False Narratives Owe The Nation An Apology: Gautam Adani On SEBI Orders

September 18, 2025
India, US
Business

Trade Deal With US To Bolster India’s Regional Role: Report

September 18, 2025
Indian Stock Markets
Business

Stock Market Rises For 3rd Consecutive Day On US Fed Rate Cut, Buying In IT Sector

September 18, 2025
Business

GST Reforms To Lower Rates On 11 Out Of 30 Top Consumption Items: Report

September 18, 2025
Business

GST 2.0 Gives Booster Shot To Textiles, Logistics Sectors

September 18, 2025
Next Post

5 Killed, 20 Injured In Firecracker Warehouse Blast In Philippines

Bengal Coal Smuggling Case: Former GM Of ECL, 2 Others Sent To Judicial Custody

Bengaluru To Get Circular Rail Network Worth Rs 23K Cr, Says Union MoS V. Somanna

Khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.