NTPC Bond Issue Oversubscribed Three Times

New Delhi: State-owned NTPC on Wednesday said it has received bids amounting to Rs 1,495 crore for its taxable secured non-convertible debentures (NCDs) of Rs 500 crore. To meet its capital expenditure requirements, NTPC invited bids for its series 63 of taxable secured non-convertible debentures on Wednesday, on the electronic bidding platform of Bombay Stock Exchange, the company said in a statement. "Bids amounting to Rs 1,495 c...