Last Updated :
22 October 2008 at 16:10 IST
NTPC to raise up funds to meet fiscal expansion plans
State run NTPC on Wednesday announced that the company is planning to raise upto Rs 4500 crore from domestic as well as international markets to meet fiscal expansion plans.
Talking to reporters, NTPC Chairman and Managing Director R S Sharma said NTPC would raise up to $500 million from international markets in this fiscal.
The company also plans to raise Rs 2,000 crore from the domestic market through private placement of bonds. “We also plan to raise Rs 2,000 crore from the domestic market through bonds,” Mr Sharma said.
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