NTPC lists second masala bond on the London Stock Exchange

NTPC has listed a second round of masala bonds on the London Stock Exchange. The company will use the proceeds to fund clean energy projects in accordance with the Reserve Bank of India’s guidelines and regulations. NTPC has set a goal of installing about 2,500 MW of renewable projects every year. In the first round, bonds worth Rs 20 billion were floated by NTPC on the London Stock Exchange in August 2016.