NTPC
Ltd. has raised Rs. 2,000 crore through issuance of green masala bonds in
overseas market under its USD 4 billion medium term note programme. The
proceeds of these bonds will be used for financing renewable energy projects in
accordance with applicable guidelines and regulations of Reserve Bank of India
(RBI). This was stated by Shri Piyush Goyal, Minister of State (IC) for Power,
Coal, Mines New & Renewable Energy and Mines in a written reply to a
question in Lok Sabha today.
The details of the
green masala bonds are given under:
|
Size
of the Issue
|
INR
2,000 crore
|
|
Date
of Issue
|
10.08.2016
|
|
Coupon
|
7.375%
per annum, payable annually
|
|
Security
|
Unsecured
|
|
Listing
|
At
Singapore Stock Exchange and London Stock Exchange
|
|
Repayment
Period
|
Bullet
repayment after 5 years
|
|
Maturity
date
|
10.08.2021
|
“National
Thermal Power Corporation (NTPC) Limited has drafted/prepared its long-term
Corporate Plan and has planned to achieve 32 GW installed capacity through
renewable energy resources by 2032”, the minister added.
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RM/PS