Maharatna NTPC is the largest power producer in India in terms of both installed capacity and generation, with aggregate installed capacity of 45,548 MW, AK Jha, CMD, NTPC Ltd said today.
Interacting with media persons here along with UP Pani, Director ( HR), SC Pandey, Director Projects , K. Biswal, Director Finance and KK Sharma, Director Operations Jha said that the company’s total capacity include 39352 MW through directly owned units and 6,196 MW through Subsidiaries and Joint Ventures as on September 10, 2015.
“In addition, the Company has a capacity of 23,004 MW which is under different phases of completion as on date. NTPC’s capacity excluding renewable but including capacity of Subsidiary and Joint Ventures represented market share of 18.77 percent of India’s total installed capacity and we generated 260.58 billion units of power, representing market share of 24.95 percent of India’s total power generation in fiscal 2015,” he added. .
Biswal said, “ NTPC has a history of creating records in regard to tax free Bonds. Earlier issue in December 2013 was oversubscribed by 3.67 times and we had to pre-close the issue.”
“NTPC has already issued Rs 300 crore on private placement basis to institutional investors which received an overwhelming response and the issue was oversubscribed by 7.25 times The issue opening date is 23rd September 2015, Wednesday,” he added.
The balance amount of Rs 700 crore is being raised through public issue. 40 percent i.e. Rs 280 crore is reserved for allocation to retail category. The issue is managed by 4 reputed Lead Managers – AK Capital, Edelweiss Financial, Axis Capital, SBI Capital and the consortium members – AK Stockmart, Edelweiss Securities, SBICAP Securities.The legal advisor to the issue is a leading legal firm – AZB & Partners. There are three tenures 10, 15 and 20 years. The investors are classified under two categories retail and non-retail. The non retail category consists of QIBs, Corporates and HNIs.