NTPC a stellar performer …. Powering India’s Growth

By Editor News
Speaking on the occasion A.K. Jha, CMD informed that NTPC is the largest power producer in India in terms of both installed capacity and generation, with aggregate installed capacity of 45,548 MW (including 39352 MW through directly owned units and 6,196 MW through Subsidiaries and Joint Ventures) as on September 10, 2015. In addition, the Company has a capacity of 23,004 MW which is under different phases of completion as on date.

K. Biswal, Director ( Finance ) NTPC said that NTPC has a history of creating records in regard to tax free Bonds. Earlier issue in December 2013 was oversubscribed by 3.67 times and we had to pre-close the issue.  NTPC has already issued Rs 300 crore on private placement basis to institutional investors which received an overwhelming response and the issue was oversubscribed by 7.25 times The issue opening date is 23rd September 2015, Wednesday.
The balance amount of Rs 700 crore is being raised through public issue. 40% i.e. Rs 280 crore is reserved for allocation to retail category. The issue is managed by 4 reputed Lead Managers – AK Capital, Edelweiss Financial, Axis Capital, SBI Capital and the consortium members – AK Stockmart, Edelweiss Securities, SBICAP Securities.The legal advisor to the issue is a leading legal firm – AZB & Partners. There are three tenures 10, 15 and 20 years. The investors are classified under two categories retail and non-retail. The non retail category consists of QIBs, Corporates and HNIs

Comments

Post a Comment

Popular posts from this blog

Vanaja N. Sarna appointed CBEC chairperson

By Editor News
New Delhi:   Senior bureaucrat Vanaja N. Sarna was on Thursday appointed as chairperson of Central Board of Excise and Customs (CBEC). Sarna, a 1980 batch officer of Indian Revenue Service (customs and central excise), is at present member in the CBEC, an apex policy making body for indirect taxes. She will take over charge from incumbent Najib Shah who completes his term this month-end. The appointments committee of cabinet has approved Sarna’s appointment, an order issued by personnel ministry said. The appointment comes at a time when the Centre is gearing up to roll out goods and services tax (GST)—new indirect tax regime— from 1 July. The CBEC will be responsible for ensuring successful roll out and subsequent implementation of the GST, with the help of VAT officers of state governments and others. The board will also be rechristened as Central Board of Indirect Taxes and Customs (CBIC) after necessary legislative approval in the GST regime. The CBEC—which works under
Read more

PM Kisan Samman Nidhi 9th Installment: Here's how beneficiaries can check their status

By Editor News
What is PM-Kisan Yojna? PM-Kisan Yojna is a central government scheme launched by the Narendra Modi-led government in 2018 to help the farmers of the country. Under this scheme, the government provides income support of Rs 6,000 per annum to all the eligible farmer families. The fund is directly transferred to the bank accounts of the farmers in three equal installments each year. Here's how beneficiaries can check the status of PM Kisan Samman Nidhi 9th installment: Step 1: You need to go to the official website of the government https://pmkisan.gov.in/ and then go to the home page. Step 2: Click on the 'Beneficiary Status' option. You will get the 'Beneficiary Status' option on the top right side of the website.
Read more