NTPC Limited — Capital/Financing Update 2021

Sep 9, 2021

Ref. No.:01/ FAASD/Compliance/202 1-2 Dated: 09.09.2021

Manager	General Manager
Listing Department	Department of Corporate Services
National Stock Exchange of India Ltd.	BSE Limited
Exchange Plaza	Floor 25, Phiroze Jeejeecbhoy Towers
Bandra Kurla Complex, Bandra(E)	Dalal Street
Mumbai-400 051	Mumbai-400 001
Scrip Code: NTPC	Scrip Code: 532555

Sub: Corporate Disclosure

Dear Sir,

In line with Corporate Disclosure requirements, we wish to inform that, NTPC has decided to issue unsecured non-convertible bonds in the nature of debentures of Rs.3,000 crore on 13 September, 2021, through private placement at a coupon of 6.69% p.a. with a door to door maturity of 10 years. The proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes. The bonds are proposed to be listed on BSE. Bond Trust Deed for these bonds will be duly executed as per the requirements of and within the period of time prescribed under the Companies Act and rules specified therein.

These bonds are issued under the approval obtained through shareholders' resolution dated 24 September, 2020.

Yours faithfully, wee

(Aditya Dar) Executive Director (Finance)