ICRA

CARE

Juniper Green Energy recently finalized two significant Power Purchase Agreements (PPAs) for hybrid renewable energy projects totaling 480 MW in capacity.
The first agreement, with Gujarat Urja Vikas Nigam Limited (GUVNL), involves a 190 MW hybrid project (140 MW solar and 50 MW wind) set to generate 412 million units (MUs) of electricity annually. It aims to offset 384,067 tonnes of CO2 emissions and provide clean energy to approximately 82,016 households.
Partnering with NTPC Limited, the second project, known as NTPC Hybrid Tranche -1, encompasses 290 MW of hybrid capacity (210 MW solar and 80 MW wind) across Gujarat and Rajasthan. This initiative is projected to produce 633 MUs of electricity annually, contributing to a reduction of 590,810 tonnes in carbon emissions and supplying power to 126,165 households.

Juniper Green Energy Partners with GUVNL, NTPC for 480 MW Hybrid Energy Boost

NTPC Renewable Energy Limited (NTPC-REL) has invited online bids for land and power evacuation packages for a 900 MW ISTS-connected solar project In Neemuch region, Madhya Pradesh. NTPC-REL’s  tender document mentioned that the project requires government/private contiguous land of 5 Acres/MW on a freehold/leasehold basis near Neemuch ISTS substation in Madhya Pradesh, the lease period is to be 29 years and 11 months. The document stated, “Government land is to be a maximum of 10% of the total land. The topography survey for land parcels and any cutting / Filling is expected to have 95% compaction as per standard Proctor density test, to maintain an average slope of 10% for Solar Project Land for installation of tracker -based MMS.

NTPC-REL Seeks Bids For 900 MW Project In Madhya Pradesh

The weak financial health of many of the state distribution utilities continues to remain a cause of concern for NTPC. This is evidenced by increase in the total receivables – from ₹17,718 crores as on March 31, 2021 to ₹27,342 crore as on March 31, 2022.

The various projects under implementation of NTPC expose it to the project execution/funding-related risks.

The issuer has made timely interest payments

Shri Gurdeep Singh, Chairman and MD

The GoI provides adequate operational and other need-based implicit support, and is instrumental in the appointment of the board and the senior management as well as set its business plan.

NTPC is the largest power generating company of India, constituting around 17.27% of India’s total installed capacity.

The coal-based power stations of the NTPC group continued to be cost-competitive in terms of generation thus maintaining a sizable spread over the national average PLF in FY22 despite lower power demand.

Better operating efficiency and return from new capacities commercialised during FY22 and FY23 led to substantial improvement in the profit before interest, lease rentals, depreciation and taxation and profit after tax in FY22 and FY23.

8.48%NTPC Limited (Tax Free) 16 Dec 2028

ISIN:

INE733E07JF7

YOUR EARNING

Your Investment

Final Payout

₹0

Year

Payment Schedule(Date)

Interest Payout(₹)

*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)

YOUR RISK

AAA Stable

ICRA

AAA Stable

CARE

Senior

Secured

ISSUER

NTPC Limited

Recent News

Juniper Green Energy Partners with GUVNL, NTPC for 480 MW Hybrid Energy Boost

NTPC-REL Seeks Bids For 900 MW Project In Madhya Pradesh

Related Videos

Yield Curve

Credit rating

STEPS TO BUY THIS BOND

Information required for KYC

PAN Card

Bank Account Proof

Aadhaar Card

Demat Account Proof

How to exit the investment?

To know more about the Bond and the issuer, download the Information Memorandum.

To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.

₹112.4093

Price

5.2259%

Yield

Principal Amount

Accrued Interest from

Face Value

Market Value

Stamp Duty

Total Investment

as on Jul 29, 2024

as on Jul 30, 2024

similar bonds

9.75% ECL Finance Limited 30 Apr 2027

30 Apr, 2027

Maturity Date

₹3,00,000

Minimum Qty

INE804I08726

ISIN

Yearly

IP Frequency

11.713%

Yield

₹95.5

Price

10.65% Sammaan Capital Limited 05 Jun 2027

05 Jun, 2027

Maturity Date

₹1,00,000

Minimum Qty

INE894F08087

ISIN

Yearly

IP Frequency

12%

Yield

₹96.8138

Price

8.70% Aditya Birla Finance Limited (P) Call : 21 Jul 2027

21 Jul, 2027

Call Date

₹10,00,000

Minimum Qty

INE860H08DZ0