NTPC Green Energy to Issue ₹1,500 Crore Worth of NCDs on November 11, 2025

NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC Ltd, as of November 10, 2025, announced it will raise ₹1,500 crore through the issue of unsecured non-convertible debentures (NCDs) on a private placement basis. The issue is scheduled for November 11, 2025.

NCD Issue Details

The company will issue NCDs with a coupon rate of 7.01% per annum for a tenor of 10 years and one day. The instruments will mature on November 12, 2035. This is the first issue of debentures under the company’s board resolution dated April 29, 2025. The proposed NCDs will be listed on the National Stock Exchange (NSE).

Utilisation of Funds

According to the company’s filing, the proceeds from the issue will be used for capital expenditure, including refinancing and recovery of expenses already incurred. The funds will also be used for inter-corporate loans to subsidiaries and joint ventures. A portion will go towards general corporate purposes.

Company Overview

NTPC Green Energy is a wholly owned subsidiary of NTPC Ltd. It handles the renewable energy business of NTPC, which includes solar, wind, and green hydrogen projects. The company plays a key role in developing clean energy capacity within the NTPC group.

Broader Plan

NTPC has been expanding its renewable energy portfolio in line with its target of achieving 60 GW of renewable capacity by 2032. NTPC Green Energy is responsible for a large part of this capacity addition through various ongoing and planned projects across India.

Read More: NTPC Green Energy Classified as Schedule ‘A’ CPSE by Government of India!

NTPC Green Energy Share Price Performance 

As of November 10, 2025, 12:54 pm, NTPC Green Energy share price was trading at ₹98.45, a 0.52% down from the previous closing price.

Conclusion

The ₹1,500 crore NCD issue will provide long-term funding support for NTPC Green Energy’s capital and project requirements. The debentures will mature in November 2035 and mark the company’s first issuance under its current board approval.

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