NTPC plans to mobilize about ₹16,000 crore

It is now in the air that the state-run power biggie National Thermal Power Corporation (NTPC) may go for the resource mobilization of Rs. 16,000 crore in the next financial year that would add fresh 6,900 MW in company’s kitty by the end of March 2019.

According to an industry insider, “The Corporation may hit the bonds or debt market to borrow about ₹16,000 crore during the next financial year for financing the ongoing projects.”

It is learned that NTPC has planned the capital expenditure of Rs. 23,000 crore, with a debt-equity ratio of 70:30, for the year 2018-19, through the Greenfield path and this is structured for the capacity addition of the company.

On the issue of capacity addition, through the fuel route of non-fossil nature, the source from NTPC informed that the company will have the prime allocation of renewable capacities along with the ongoing and upcoming conventional sources.

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