NTPC is seeking shareholder approval via postal ballot to raise funds up to ₹18,000 Crore through the issuance of secured/unsecured, redeemable, non-convertible debentures (NCDs) in one or more tranches, not exceeding 12.
The NCDs will be issued through private placement in the domestic market.
The funds will be utilized for capital expenditure, working capital, and general corporate purposes.
The e-voting will commence on 24 June 2025 and end on 23 July 2025.
The existing special resolution allows the company to raise debt up to ₹12,000 crore, valid till 28 August 2025.