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
22 July, 2017 00:10 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
Related Articles
ICRA upgrades credit rating of Dwarikesh Sugar's Rs 5.99 bn line of credit - 21-Jul-2017 15:51
Dewan Housing Finance Corporation quarterly profit up 29% - 21-Jul-2017 13:40
Ashok Leyland quarterly earnings plunge 62% - 21-Jul-2017 13:34
USFDA completes audit at Dr. Reddy's API Cuernavaca plant in Mexico - 21-Jul-2017 12:06
Suven Life Sciences secures one product patent in Australia - 21-Jul-2017 12:03
Reliance Nippon Life records 8% premium growth in Q1FY18 - 21-Jul-2017 10:49
Welspun Corp bags order for supply of 100K MTs pipes - 21-Jul-2017 09:57
Gravita India's arm commences commercial production at new plant at Jamaica - 21-Jul-2017 09:53
Reliance to acquire 24.92% stake in Balaji Telefilms for Rs 4.13 bn - 21-Jul-2017 09:48
Reliance to acquire 24.92% stake in Balaji Telefilms for Rs 4.13 bn - 21-Jul-2017 09:48
Bajaj Auto quarterly net drops 5.6% - 21-Jul-2017 09:42
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