Mumbai: Nation's biggest energy manufacturer, NTPC, has desired industry regulator Sebi's acceptance to increase up to Rs. 1,750 crore through tax 100 % free ties in the present economical season.
"Public problem by NTPC of tax 100 % free properly secured redeemable non-convertible ties of experience value of Rs. 1,000, each in the characteristics of debentures having tax advantages, for an quantity aggregating up to Rs. 1,000 crore; with an choice to maintain over registration up to Rs. 750 crore, for issuance of extra ties aggregating to a complete of up to Rs. 1,750 crore in economical 2014," as per set up prospectus registered with Sebi.
The resources brought up through the problem would be used towards financing of investment expenses and re-financing for conference the economical debt need in on-going tasks.
The cause supervisors to the problem are ICICI Investments, A K Capital Solutions, Axis Capital, SBI Capital Marketplaces and Kotak Mahindra Capital Organization.
Currently, NTPC has a potential of nearly 42,000 MW and objectives to add about 14,000 MW to its complete potential by the end of 2016-17.
"Public problem by NTPC of tax 100 % free properly secured redeemable non-convertible ties of experience value of Rs. 1,000, each in the characteristics of debentures having tax advantages, for an quantity aggregating up to Rs. 1,000 crore; with an choice to maintain over registration up to Rs. 750 crore, for issuance of extra ties aggregating to a complete of up to Rs. 1,750 crore in economical 2014," as per set up prospectus registered with Sebi.
The resources brought up through the problem would be used towards financing of investment expenses and re-financing for conference the economical debt need in on-going tasks.
The cause supervisors to the problem are ICICI Investments, A K Capital Solutions, Axis Capital, SBI Capital Marketplaces and Kotak Mahindra Capital Organization.
Currently, NTPC has a potential of nearly 42,000 MW and objectives to add about 14,000 MW to its complete potential by the end of 2016-17.
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