Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
19 January, 2018 03:28 IST
Fitch affirms NTPC at BBB-
Source: IRIS | 16 Jun, 2017, 11.17AM
Comments  |  Post Comment

Fitch Ratings has affirmed NTPC Long-Term Foreign- and Local-Currency Issuer Default Ratings at 'BBB-'. The Outlook is Stable.

The agency has also affirmed NTPC's senior unsecured rating of 'BBB-', and the 'BBB-' ratings on its USD4 billion medium-term note programme.

The foreign-currency notes and masala bonds issued under the programme have been affirmed at 'BBB-' and 'BBB-emr', respectively.

NTPC is the largest power generation company in India. It accounts for about 15% of India's total installed power generation capacity, and about a quarter of electricity generation in the country. Out of a total installed capacity of 326GW in India, about 67% is thermal. NTPC contributes around 22% to the country's thermal capacity.

Shares of the company gained Rs 1, or 0.63%, to trade at Rs 160.40. The total volume of shares traded was 30,940 at the BSE (11.07 a.m., Friday).



NTPC Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
Suven Life Sciences secures 2 overseas product patents - 18-Jan-2018 15:26
Yes Bank Q3 profit rises 22% to Rs 10.76 bn - 18-Jan-2018 15:24
Sanghvi Forging & Engg bags new orders worth Rs 110 mn - 18-Jan-2018 10:17
Tata Consultancy Services expands partnership with Shure Inc - 18-Jan-2018 10:13
Ashok Leyland signs Lol with Phinergy, Israel for high energy EV - 17-Jan-2018 16:20
Transformers & Rectifiers India receives Rs 1.26 bn order - 17-Jan-2018 16:05
Tata Power's JV lauded with best in class T&D Infra Asset' - 17-Jan-2018 16:01
BHEL wins Rs 28 bn thermal power project in Maharashtra - 17-Jan-2018 15:56
Gayatri Projects secures 2 NHAI road projects worth Rs 9.23 bn - 17-Jan-2018 15:52
TCS bags over USD 690 mn deal from M&G Prudential - 17-Jan-2018 10:13
Sun Pharma settles patent dispute for generic Linzess - 17-Jan-2018 09:48
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer