NTPC Green Energy to raise 1500 crore via unsecured NCDs on November 11

NTPC Green Energy Ltd (NGEL) announced it will issue unsecured non-convertible debentures (NCDs) worth 1500 crore on November 11, 2025, to fund equipment purchases and capital expenditure for renewable energy projects. The NCDs, with a tenor of 10 years and one day, will carry a coupon rate of 7.01 per annum and will be listed on the National Stock Exchange of India (NSE). 

This marks the first board-approved borrowing under its April 2025 resolution and aligns with India's broader push for green infrastructure investment amid growing demand for clean energy capacity.