Tata Power Secures ₹2,000 Crore via NCDs for Expansion

• Tata Power raised INR 2,000 crore through non-convertible debentures (NCDs) via private placement.
• The NCDs were issued based on the multiple yield allotment method prescribed by BSE and Sebi.
• These NCDs are proposed to be listed on the wholesale debt market segment of the BSE.
• Two series of NCDs, each 1 lakh, were allotted for tenors of three and five years.
• Coupon rates were discovered at 7.05% for Series I and 7.25% for Series II on December 18, 2025.

Why It Matters: Tata Power successfully raised INR 2,000 crore through NCDs to support its future expansion plans.