NTPC may borrow ~160 bn to add 6,900 Mwby 2019

The staterun power giant NTPC may borrow about ~160 billion next financial year for adding 6,900 MW of fresh electricity generation capacity by March 2019. “The corporation may hit the bonds or debt market to borrow about ~160 billion during the next financial year for financing the ongoing projects,” a source said. “NTPC is currently working on adding 21,000 MW capacities and projects are at different stage of execution... by March 2019 it plans to add about 6,900 MW. “The firm is comfortably placed and has enough leveraging potential. It will continue to fund the projects at debt to equity ratio of 70:30,” the source added.