NTPC Green assures funding for capex will be at the most 'optimum price'
Wed, Nov 27, 2024 2:21 PM

NTPC Green assures funding for capex will be at the most 'optimum price'

A Flip by Shubhangi Gupta
Get it on Google Play
NTPC Green has assured investors of being able to raise funds at an 'optimum rate' to fund expansion, given that the company has a 'AAA' credit rating. Chairman and Managing Director Gurdeep Singh said NTPC Green will need Rs 1 lakh crore as capex over next four years for the targetted expansion of 19,000 MW capacity by March 2027.

More great flips

3C IT Solutions & Telecoms (India) Ltd Micro-cap Company Bags New Order

3C IT Solutions & Telecoms (India) Ltd Micro-cap Company Bags New Order

3C IT Solutions & Telecoms (India) Ltd. has secured a significant purchase order worth Rs 80,02,680 from Zeal College of Engineering and Research. This order for 60 iMac 24 desktops underscores the growing demand for our high-quality products and services within the education sector. This development reaffirms our commitment to providing innovative solutions for educational institutions.

Open Flip
Piramal Enterprises Standalone September 2024 Net Sales at Rs 491.61 crore

Piramal Enterprises Standalone September 2024 Net Sales at Rs 491.61 crore

Reported Standalone quarterly numbers for Piramal Enterprises are: Net Sales at Rs 491.61 crore in September 2024 down 6.76% from Rs. 527.23 crore in September 2023. Quarterly Net Profit at Rs. 115.69 crore in September 2024 up 3756.33% from Rs. 3.00 crore in September 2023. EBITDA stands at Rs. 316.88 crore in September 2024 up 97.86% from Rs. 160.15 crore in September 2023.

Open Flip
Alt Mobility bags $10 mn Series A cheque from Eurazeo, others

Alt Mobility bags $10 mn Series A cheque from Eurazeo, others

Alt Mobility, an EV leasing and lifecycle management firm, has raised $10 million in a Series A round led by Eurazeo, with existing backers Shell Ventures, EV2, and Twynam participating. The startup plans to expand its fleet to 30,000 vehicles by March 2026 and grow its assets under management to Rs 800 crore in the next 18 months.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon