NTPC Bonds: Government power company NTPC Limited (NTPC LTD) will consider issuing bonds up to ₹ 18,000 crore in its board meeting to be held on 21 June 2025. The company gave this information to the stock exchanges on Monday.
Bond will raise capital
NTPC This amount can raise this amount through secured or unsecured, taxable or tax-free, redeemable and non-convertible debentures (NCDs). However, the approval of shareholders will be necessary for this.
A few days before this proposal, NTPC announced the release of non-convertible debentures worth ₹ 4,000 crore. These NCDs will be released on 17 June through private placements. Their coupon rate will be 6.89% annually and the period has been fixed by 10 years 1 day i.e. 18 June 2035.
The company said that this amount will be used for capital experts, refinance of existing debt and general corporate expenses. These bonds will be listed on NSE.
Increased production capacity from North Karanpura unit
NTPC completed the trial operation of Unit-3 (660 MW) of North Karanpura Super Thermal Power Project located in Chatra district of Jharkhand last week. With this, the company’s total group-based established capacity has increased to 81,368 MW. At the same time, it is 60,266 MW on Standalone Bay. This coal project has a total of three units, each of 660 MW.
Q4Fy24 increased profits, but less than estimated
NTPC’s consolidated net profit on the financial front increased by 22.6% to ₹ 5,778 crore in the fourth quarter (Q4Fy24), slightly lower than an estimate of ₹ 5,810 crore of CNBC-TV18.
The total income of the company was ₹ 43,903.7 crore, which is 6% higher than the previous quarter, but it was also slightly lower than the estimate. The performance at the operating level was weak – Ebitda declined by 6% to ₹ 11,255 crore, and the operating margin fell from 28.9% to 25.6%.
Dividend and shares condition
NTPC has declared a final dividend of ₹ 3.35 per share. Earlier, the company had already given two interim dividends of ₹ 2.50.
At the same time, NTPC shares closed at ₹ 333.5 on 16 June with a gain of 0.47%. During the last 1 month, the stock has given negative returns of 2.80%. At the same time, the stock has come down 9.78% in the last one year. The company’s market cap is ₹ 3.23 lakh crore.
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