NTPC raises ₹2,000 cr via green masala bonds

NEW DELHI: State-owned power major NTPC has raised ₹2,000 crore through the issuance of green masala bonds in an overseas market, which will be used for financing

Published on: Aug 5, 2016, 07:37:11 IST

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NEW DELHI: State-owned power major NTPC has raised ₹2,000 crore through the issuance of green masala bonds in an overseas market, which will be used for financing renewable energy projects. The five-year bond has a coupon rate of 7.375% and a yield of 7.48%.

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