NTPC, Oben Electric and Avaana Capital raise funds
Three companies—NTPC Limited, Oben Electric, and Avaana Capital—have announced fundraises aligned with infrastructure, clean mobility, and sustainability-linked investments. NTPC raises Rs 40 billion via NCDs NTPC Limited has raised Rs 40 billion through the private placement of unsecured, non-convertible debentures (NCDs). The debentures carry a coupon rate of 6.89 per cent per annum and a…