Fundraising to boost India’s clean energy capacity and green infrastructure goals
New Delhi (Economy India): NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of state-run power major NTPC Ltd, has announced plans to raise ₹1,500 crore through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The company will issue these NCDs on November 11, 2025, as part of its ongoing efforts to strengthen its green energy portfolio.
According to the company’s filing, the NCDs will carry a fixed coupon rate and are intended to fund NTPC Green Energy’s upcoming renewable energy projects, including solar and wind power developments across multiple states. The proceeds are also expected to support the expansion of the company’s green hydrogen and battery storage initiatives.
NTPC Green Energy has been at the forefront of India’s clean energy transition, driving the country toward its net-zero emission target by 2070. The company’s current renewable energy portfolio stands at more than 3.5 GW operational capacity, with several gigawatt-scale projects under development.
The issuance of NCDs reflects the company’s continued focus on tapping into sustainable financing instruments to fund its low-carbon initiatives. Market experts note that NCDs have become a preferred mode of capital raising for public sector enterprises due to their flexibility and strong investor confidence.
Key Highlights
- NTPC Green Energy to raise ₹1,500 crore via NCDs on November 11, 2025.
- Funds to be used for renewable and green infrastructure projects.
- Supports India’s Net Zero 2070 and energy transition goals.
- NTPC targets 60 GW renewable capacity by 2030.
- Strong investor confidence due to NTPC’s credit strength and stable outlook.
An NTPC Green Energy spokesperson said, “This fundraising will further strengthen our balance sheet and accelerate investments in renewable and green hydrogen projects that align with India’s long-term sustainability goals.”
In recent months, NTPC Green Energy has signed several Memorandums of Understanding (MoUs) with state governments and global partners to expand renewable capacity and explore opportunities in green ammonia, offshore wind, and storage technologies.
The move also aligns with the government’s broader National Green Hydrogen Mission and India’s ambitious plan to install 500 GW of non-fossil fuel capacity by 2030.
With this issuance, NTPC Green Energy continues to reinforce its position as one of India’s leading renewable energy developers, contributing significantly to the nation’s transition toward a cleaner and more sustainable energy ecosystem.
(Economy India)
