<ul data-eligibleForWebStory="true"><li>NTPC will issue Rs 4,000 crore worth of non-convertible debentures on June 17 with a coupon rate of 6.89% per annum for a tenor of 10 years and one day.</li><li>The debentures will mature on June 18, 2035, and the proceeds will be utilized for capital expenditure, refinancing existing loans, and other corporate purposes.</li><li>This issuance is the third under approval, and the NCDs are set to be listed on the National Stock Exchange.</li><li>NTPC aims for a capital expenditure of Rs 55,920 crore and an additional capacity of 11,806 megawatts in FY26.</li><li>The group's capex spend is anticipated to increase by 25.3% year-on-year compared to FY25.</li><li>NTPC's stock closed 0.57% lower at Rs 331.95 apiece on the NSE.</li><li>Analysts tracking NTPC suggest a 'buy' rating by 23 out of 27 analysts, with a potential upside of 27% as per Bloomberg data.</li><li>The stock has observed a 10% decline in the last 12 months and a 0.42% decrease year-to-date.</li></ul>

NTPC To Issue NCDs Worth Rs 4,000 Crore For Capex And Loan Refinancing

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