NTPC Green Energy Limited has announced its plan to issue unsecured non-convertible debentures worth ₹1,500 crore on November 11, 2025. This issuance will be executed through private placement at a coupon rate of 7.01% per annum for a duration of 10 years and 1 day, with the debentures maturing on November 12, 2035. This marks the first issuance of debentures under the board resolution approved on April 29, 2025, reinforcing the company's commitment to raising funds for its growth initiatives.
The proceeds from this debenture issue will primarily be allocated towards financing capital expenditure. This includes refinancing and recouping capital expenditures already incurred by NTPC Green Energy, as well as providing capital expenditure support to its subsidiaries and joint ventures through inter-corporate loans. Additionally, the funds will also be utilized for general corporate purposes, reflecting the company's strategic focus on enhancing its operational capabilities and expanding its renewable energy initiatives.
Following the issuance, the debentures are expected to be listed on the National Stock Exchange of India (NSE), further enhancing their market visibility and liquidity. The Company Secretary and Compliance Officer, Manish Kumar, confirmed that the Debenture Trust Deed will be executed in accordance with the Companies Act and relevant regulations. This issuance aligns with NTPC Green Energy's broader objectives of supporting sustainable energy development and investing in future growth opportunities.