NTPC Approves Rs 12,000 Crore NCD Issue to Boost Capacity and Performance

NTPC’s move to raise up to Rs 12,000 crore via non-convertible debentures has been approved by the company’s Board of Directors, as per a regulatory filing on Friday evening.

NTPC Board Approves Rs 12,000 Crore NCD Issue

The issuance period for the non-convertible debentures will commence from the date of passing of the special resolution until completion of one year thereof or the date of the next Annual General Meeting in the financial year 2027-28, whichever is earlier.

The company’s group installed capacity grew to 90,904 MW by June 2026, with commercial power generation rising to 93.63 billion units in the April-June quarter.

Key Capacity and Performance Metrics

NTPC’s group installed capacity has increased to 90,904 MW as on June 30, 2026, from 82,646 MW as on June 30, 2025.

The company’s capacity addition was 1796 MW in the first quarter of this fiscal.

Market Impact and Details

• The size, tenor, listing details (BSE and/or NSE), coupon/interest rate, security, if applicable, and other applicable details will be decided at the time of issue of each tranche/series.
• The all-India plant load factor (PLF) was 70.32 per cent at coal-based plants in the first quarter.
• The average tariff remained stable at Rs 4.86 per unit in the quarter compared to Rs 4.87 per unit a year ago.

Key Takeaways

• NTPC’s Board of Directors has approved the issue of non-convertible debentures up to Rs 12,000 crore.
• The company’s group installed capacity has increased to 90,904 MW as on June 30, 2026.
• Commercial power generation rose to 93.63 billion units in the April-June quarter.

FAQs

What is the issuance period for the non-convertible debentures?

The issuance period will commence from the date of passing of the special resolution until completion of one year thereof or the date of the next Annual General Meeting in the financial year 2027-28, whichever is earlier.

What are the key capacity and performance metrics for NTPC?

NTPC’s group installed capacity has increased to 90,904 MW as on June 30, 2026, from 82,646 MW as on June 30, 2025.

What is the average tariff for NTPC?

The average tariff remained stable at Rs 4.86 per unit in the quarter compared to Rs 4.87 per unit a year ago.

Conclusion

NTPC’s move to raise up to Rs 12,000 crore via non-convertible debentures is a significant development for the company and the Indian energy sector. As the company continues to grow and expand its operations, investors and stakeholders will be closely watching the developments in the coming months. To stay up-to-date with the latest news and analysis on NTPC and the Indian energy sector, be sure to follow our coverage and expert insights.