It added that the proceeds from the fresh issue to the extent of Rs 7,500 crore will be used for investment in its wholly owned Subsidiary, NTPC Renewable Energy (NREL) for repayment or prepayment, in full or in part of certain outstanding borrowings availed by NREL, and general corporate purposes.
from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/atE3IBC
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