NTPC Green Energy Limited will raise ₹2,500 crore through the issuance of unsecured non-convertible debentures on July 9, 2026. The debentures will be issued via private placement at a coupon rate of 7.27% per annum, with a tenor of 10 years maturing on July 9, 2036. This marks the first issue of debentures under the approval granted by the Board of Directors on May 22, 2026.

The proceeds from the issue will be utilized for financing capital expenditure, including refinancing and recoupment of capital expenditure already incurred by the company. Additionally, funds will be used to extend financing for capital expenditure to subsidiaries and joint ventures through inter-corporate loans, as well as for other general corporate purposes.

The debentures are proposed to be listed on the National Stock Exchange (NSE). A Debenture Trust Deed will be executed in accordance with the requirements and within the timeframe prescribed under applicable provisions.

Key Details of the NCD Issue

NTPC Green Energy 's wholly owned subsidiary, NTPC Renewable Energy Ltd (NTPC REL), has signed a Power Purchase Agreement (PPA) with PTC India Limited for the sale of 1,200 MW of solar power under a bilateral arrangement. The agreement was signed on July 3, 2026, marking a significant milestone in strengthening collaboration between the two organizations to promote clean and sustainable energy in India.

Key Details of the Agreement

The PPA was executed between NTPC REL as the seller and PTC India Limited as the buyer. The following table outlines the key parameters of the agreement:

The agreement was exchanged in the presence of Dr. Manoj Kumar Jhawar, MD & CEO (PTC) and Dr. J. S. Chandok, CEO (ONGPL), along with other senior officials of NGEL/NTPC REL and PTC India Limited. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.