NTPC Board Approves Rs 18,000 Crore Debenture Issuance and Appoints Cost Auditors

New Delhi, June 21, 2025 – NTPC Limited (A Govt. of India Enterprise) announced today that its Board of Directors has approved the issuance of secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures ("Bonds/NCDs") up to Rs 18,000 crore. This will occur in one or more tranches or series, not exceeding twelve, through private placement in the domestic market. The issuance needs approval from shareholders via a Postal Ballot.

The period for the debenture issuance will start from the date of passing the special resolution and will last for one year. The specific details about the size, tenure, listing (BSE and/or NSE), coupon, and security for each tranche or series will be decided at the time of issue.

Additionally, the Board of Directors appointed four firms as Cost Auditors for the Financial Year 2025-26:

M/s Dhananjay V Joshi & Associates  
M/s Niran & Co.  
M/s R M Bansal & Co.  
M/s Chandra Wadhwa & Co.