NTPC Limited announced that the company has decided to issue unsecured non-convertible debentures of INR 15 billion on 29 April 2022, through private placement at a coupon of 5.78% p.a. with a door to door maturity of 2 years on 29 April 2024. The proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes. The debentures are proposed to be listed on BSE.

Debenture Trust Deed will be duly executed as per the requirements of and within the period of time prescribed under the Companies Act and tules specified therein.