India, July 26 -- State-run power giant NTPC's board has approved a proposal to raise up to Rs 12,000 crore through issuance of non-convertible debentures (NCDs).

The Board of Directors of the company, at its meeting held on Friday, July 24, 2026, approved the issue of non-convertible debentures up to Rs 12,000 crore, in one or more tranches through private placement in the domestic market, the company said in a regulatory filing on Friday evening.

The company said the issuance period will commence from the date of passing of the special resolution until completion of one year thereof or the date of the next Annual General Meeting in the financial year 2027-28, whichever is earlier.

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