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NTPC aims to raise Rs 20,000 crore this fiscal

NTPC is planning to raise around Rs 20,000 crore in this fiscal.

NTPC has said that “The company is planning to raise Rs 20,000 crore in the current fiscal.”

Out of Rs 20,000 crore, Rs 6,000 crore would be raised from the overseas bond market and the remaining amount of Rs 14,000 crore from domestic market.

Gurdeep Singh, NTPC Chairman & Managing Director has said that the “recent increases in the prices by Coal India would have some impact….As per our calculations it (impact) will be having approximately 7.8 paise (per unit). We can say 8 paise per unit that is the impact as by the recent price hike by coal India… By the time it will go to the states it will depend upon state to state.”

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