NTPC Green may raise ₹5,000 crore in FY26

New Delhi

NTPC Green Energy Ltd, a subsidiary of state-owned NTPC Ltd, has announced plans to raise up to ₹5,000 crore in the financial year 2025-26. The decision will be considered in a board meeting scheduled for April 29, 2025.

In a filing with the Bombay Stock Exchange (BSE), the company said the funds could be raised through bonds or debentures—secured or unsecured, taxable or tax-free, cumulative or non-cumulative—in one or more tranches.

The move is part of NTPC Green's strategy to support its renewable energy expansion projects across India. The company focuses on developing green energy through both organic growth and acquisitions. As of March 2024, the Indian government holds an 89.01% stake in the firm.

NTPC Green shares were trading at ₹107.90, up 0.61% on the day. The stock has gained 7.77% over the past month but is still down 15.39% year-to-date. It is performing well above short-term moving averages but remains below its 100-day average.

About 3.56 lakh shares changed hands on the BSE, lower than the average of 7.74 lakh over two weeks. The company's market value stands at ₹90,962.23 crore. Technical indicators showed a relative strength index (RSI) of 66.48, suggesting the stock is nearing overbought levels.

The planned fundraising highlights the company’s push for cleaner energy and future growth.