NTPC board will meet on June 21 to consider raising up to Rs 18,000 crore through bonds. This follows plans to issue Rs 4,000 crore in NCDs. Funds will support capital expenditure and loan refinancing. NTPC recently completed trial operations at its North Karanpura project. The company reported a consolidated net profit of Rs 5,778 crore for Q4 FY24.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets