NTPC Ltd (NTPC.BO)
29 Jul 2016
Latest Key Developments (Source: Significant Developments)
Coal India Ltd
NTPC Ltd:Says that it has fixed Feb. 8, 2016 as the record date for purpose of payment of interim dividend. Full Article
NTPC Ltd:Announces issue of non-convertible bonds of face value of 1,000 Indian Rupees each in the nature of debentures having tax benefits under section 10(15)(iv)(h) of the Income Tax Act 1961.Says for an amount of 400 crore Indian Rupees with an option to retain oversubscription of up to 300 crore Indian Rupees for issuance of additional bonds aggregating to a total of up to 700 crore Indian Rupees in fiscal 2016. Full Article
NTPC Ltd:Signs agreement with Jammu and Kashmir State Power Development Corporation Ltd. (JKSPDCL) for promoting a Joint Venture company with 67:33 equity participation for undertaking exploration, development and operation of jointly allocated Kudanali-Luburi Coal Block at Odisha by Ministry of Coal. Full Article
SINGAPORE, July 29 (IFR) - Largest Indian power company NTPC has mandated Axis Bank, HSBC, MUFG and Standard Chartered Bank as joint lead managers and joint bookrunners for an offering of Green Masala bonds.