NTPC Limited is an Indian company in the power industry (formerly National Thermal Power Corporation Limited) with 19 outstanding bonds (ISINs) recorded on this page. Stated coupons on its fixed-rate bonds range from 6.29% to 8.91% a year. Maturity dates run from 16 Dec 2028 to 20 Mar 2040. NSDL records 12 of the 19 whose terms it holds as secured. Latest credit ratings on record: CARE AAA (Stable) (action dated 22 May 2026); India Ratings AAA (Stable) (action dated 20 May 2026); ICRA AAA (Stable) (action dated 18 May 2026); CRISIL AAA (Stable) (action dated 25 Apr 2025); CREDIT ANALYSIS & RESEARCH LTD. AAA (action dated 21 Jul 2017). Verify current terms against the official documents linked on this page.
Data as of 13 Nov 2026 (snapshot 20261113-2049) · How this page is compiled
Issuer overview
- Legal name
- NTPC Limited
- Formerly
- National Thermal Power Corporation Limited
- CIN
- L40101DL1975GOI007966
- LEI
- 335800Q4TRGJXNLVMB81
- Industry
- Power
- Business
- Electric Utilities
- Ownership
- Public Sector Undertaking (PSU)
- ISIN issuer code
- INE733E
- Outstanding bonds (ISINs)
- 19 (plus 5 matured)
- Stated coupons (fixed rate)
- 6.29% – 8.91%
- Maturity dates
- 16 Dec 2028 – 20 Mar 2040
- Secured (NSDL)
- 12 of 19
- Combined issue size of outstanding bonds
- ₹33,504 crore
- Traded on
- BSE, NSE
Issue size is the amount each bond raised when it was issued, as recorded by NSDL. It is not the amount still outstanding today (bonds can be partly redeemed or bought back) and not the company's total debt.
NTPC bonds: ISIN, coupon and maturity
19 outstanding bonds, by maturity date.
| ISIN | Type | Coupon | Interest paid | Allotted | Maturity | Face value | Issue size (₹ cr) | Security | Guarantee | Traded on | Rating (NSDL) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| INE733E07JF7 | Tax-free bond | 8.48% | Yearly | 16 Dec 2013 | 16 Dec 2028 | ₹1,000 | 250 | Secured | None recorded | NSE | CRISIL AAA 8 Nov 2013 |
| INE733E07JI1 | Tax-free bond | 8.73% | Yearly | 16 Dec 2013 | 16 Dec 2028 | ₹1,000 | 91.39 | Secured | None recorded | NSE | CRISIL AAA 8 Nov 2013 |
| INE733E07KJ7 | Bond (NCD) | 8.3% | Yearly | 15 Jan 2019 | 15 Jan 2029 | ₹10,00,000 | 4,000 | Secured | None recorded | BSE | CRISIL AAA 7 Jan 2019 |
| INE733E07KL3 | Bond (NCD) | 7.32% | Yearly | 17 Jul 2019 | 17 Jul 2029 | ₹10,00,000 | 4,300 | Secured | None recorded | — | CRISIL AAA 8 Jul 2019 |
| INE733E07JS0 | Tax-free bond | 7.28% | Yearly | 5 Oct 2015 | 5 Oct 2030 | ₹1,000 | 129 | Secured | None recorded | BSE, NSE | CRISIL AAA 1 Sep 2015 |
| INE733E07JV4 | Tax-free bond | 7.53% | Yearly | 5 Oct 2015 | 5 Oct 2030 | ₹1,000 | 48.30 | Secured | None recorded | BSE, NSE | CRISIL AAA 1 Sep 2015 |
| INE733E08171 | Bond (NCD) | 6.43% | Yearly | 27 Jan 2021 | 27 Jan 2031 | ₹10,00,000 | 2,500 | Unsecured | None recorded | — | CRISIL AAA 15 Jan 2021 |
| INE733E08155 | Bond (NCD) | 6.29% | Yearly | 31 Jul 2020 | 11 Apr 2031 | ₹10,00,000 | 1,000 | Unsecured | None recorded | — | CRISIL AAA 14 Jul 2020 |
| INE733E08197 | Bond (NCD) | 6.69% | Yearly | 13 Sep 2021 | 13 Sep 2031 | ₹10,00,000 | 3,000 | Unsecured | None recorded | — | CRISIL AAA 27 Aug 2021 |
| INE733E07KG3 | Bond (NCD) | 7.49% | Yearly | 7 Nov 2016 | 7 Nov 2031 | ₹10,00,000 | 700 | Secured | None recorded | BSE | CRISIL AAA 2 Nov 2016 |
| INE733E07KI9 | Bond (NCD) | 7.37% | Yearly | 14 Dec 2016 | 14 Dec 2031 | ₹10,00,000 | 3,925 | Secured | None recorded | BSE | CRISIL AAA 6 Dec 2016 |
| INE733E08239 | NCD | 7.44% | Yearly | 16 Dec 2022 | 15 Apr 2033 | ₹10,00,000 | 500 | Unsecured | None recorded | — | India Ratings AAA 20 May 2026 |
| INE733E07JG5 | Tax-free bond | 8.66% | Yearly | 16 Dec 2013 | 16 Dec 2033 | ₹1,000 | 312 | Secured | None recorded | BSE, NSE | CRISIL AAA 8 Nov 2013 |
| INE733E07JJ9 | Tax-free bond | 8.91% | Yearly | 16 Dec 2013 | 16 Dec 2033 | ₹1,000 | 400 | Secured | None recorded | NSE | CRISIL AAA 8 Nov 2013 |
| INE733E08270 | NCD | 6.84% | Yearly | 9 May 2025 | 9 May 2035 | ₹1,00,000 | 4,000 | Unsecured | None recorded | — | CRISIL AAA 25 Apr 2025 |
| INE733E08288 | NCD | 6.89% | Yearly | 17 Jun 2025 | 18 Jun 2035 | ₹1,00,000 | 4,000 | Unsecured | None recorded | NSE | CRISIL AAA 25 Apr 2025 |
| INE733E07JT8 | Tax-free bond | 7.37% | Yearly | 5 Oct 2015 | 5 Oct 2035 | ₹1,000 | 183 | Secured | None recorded | NSE | CRISIL AAA 1 Sep 2015 |
| INE733E07JW2 | Tax-free bond | 7.62% | Yearly | 5 Oct 2015 | 5 Oct 2035 | ₹1,000 | 166 | Secured | None recorded | NSE | CRISIL AAA 1 Sep 2015 |
| INE733E08262 | NCD | 7.26% | Yearly | 20 Mar 2025 | 20 Mar 2040 | ₹1,00,000 | 4,000 | Unsecured | None recorded | NSE | CRISIL AAA 27 Mar 2024 |
Notes on this table
- Outstanding means the maturity date has not passed, according to the depository record. It does not confirm that a bond has not been redeemed early, called or bought back.
- Type, coupon, interest frequency, allotment date, issue size, security and guarantee are as recorded by NSDL India Bond Info, the depository's record of each ISIN. Search an ISIN on NSDL India Bond Info to see its full record.
- "Secured" and "Guarantee" are NSDL's classification. What the security is, the asset cover and the terms of any guarantee or co-obligor are in the offer document and the debenture trust deed; this page does not infer them.
- Prices and yields are not shown. They change with every trade: see BSE and NSE.
- Terms used in this table: ISIN · Coupon rate · Yield to maturity (YTM) · Secured NCD · Unsecured NCD · Credit rating.
Private placements and disclosure documents
| Allotted | ISIN | Redemption | Disclosure documents |
|---|---|---|---|
| 9 May 2025 | INE733E08270 | 9 May 2035 | Placement memorandum on BSE |
| 21 Mar 2024 | INE733E08254 | 21 Mar 2026 | Placement memorandum on BSE |
| 16 Dec 2022 | INE733E08239 | 15 Apr 2033 | Placement memorandum on BSE |
| 29 Apr 2022 | INE733E08213 | 29 Apr 2024 | Placement memorandum on BSE |
| 13 Sep 2021 | INE733E08197 | 13 Sep 2031 | Placement memorandum on BSE |
| 27 Jan 2021 | INE733E08171 | 27 Jan 2031 | Placement memorandum on BSE |
| 15 Oct 2020 | INE733E08163 | 15 Oct 2025 | Placement memorandum on BSE |
| 16 Apr 2020 | INE733E08148 | 17 Apr 2023 | Placement memorandum on BSE |
| 31 Jan 2020 | INE733E08155 | 11 Apr 2031 | Placement memorandum on BSE |
| 17 Jul 2019 | INE733E07KL3 | 17 Jul 2029 | Placement memorandum on BSE |
| 3 May 2019 | INE733E07KK5 | 3 May 2022 | Placement memorandum on BSE |
| 15 Jan 2019 | INE733E07KJ7 | 15 Jan 2029 | Placement memorandum on BSE |
From BSE's list of privately placed debt. The documents are the issuer's own; the offer document and debenture trust deed are the authoritative source for each bond's terms.
NTPC bonds: questions and answers
What bonds has NTPC Limited issued?
NTPC Limited has 19 outstanding bonds recorded on this page. By type, as described by NSDL: 8 tax-free bond, 7 bond (ncd), 4 NCDs. 5 further ISINs on record have passed their maturity dates and are not counted as outstanding.
What are the ISINs of NTPC Limited bonds?
Its 19 outstanding bonds each have their own ISIN, for example INE733E07JF7, INE733E07JI1, INE733E07KJ7. All are listed in the bond table on this page. ISINs of this issuer begin with its issuer code, INE733E.
What coupon rates do NTPC Limited bonds pay?
Stated coupons on its fixed-rate outstanding bonds range from 6.29% to 8.91% a year on face value. The bond table gives the coupon and interest frequency of each ISIN. The coupon is not the yield: the yield an investor earns depends on the price paid.
When do NTPC Limited bonds mature?
Its outstanding bonds have maturity dates from 16 Dec 2028 to 20 Mar 2040. The bond table lists the maturity date of each ISIN.
What is the latest credit rating of NTPC Limited bonds?
NSDL India Bond Info records CARE AAA (Stable) (action dated 22 May 2026); India Ratings AAA (Stable) (action dated 20 May 2026); ICRA AAA (Stable) (action dated 18 May 2026); CRISIL AAA (Stable) (action dated 25 Apr 2025); CREDIT ANALYSIS & RESEARCH LTD. AAA (action dated 21 Jul 2017) on its outstanding bonds. Checked on NSDL on 7 Nov 2026. A rating is the agency's opinion and can change at any time.
Are NTPC Limited bonds secured, unsecured or guaranteed?
NSDL records 12 of the 19 outstanding bonds whose terms it holds as secured and 7 as unsecured. None is recorded as guaranteed. What the security is, the asset cover and the terms of any guarantee or co-obligor are set out in the offer document and the debenture trust deed; this page does not infer them.
Is NTPC Limited the same company as National Thermal Power Corporation Limited?
Yes. NTPC Limited was formerly known as National Thermal Power Corporation Limited; bonds issued under the earlier name are obligations of the same company. Its Corporate Identification Number (CIN) is L40101DL1975GOI007966.
Where can investors find the original disclosure documents for NTPC Limited bonds?
Each ISIN's record, including its terms and rating history, is on NSDL India Bond Info (search the ISIN). The offer document (shelf prospectus, tranche prospectus or general information document and key information document) and the debenture trust deed set out the full terms; listed issuers publish them on BSE or NSE. For the private placements listed on this page, each row links to the disclosure documents on BSE.
How can investors check the current market price or yield of NTPC Limited bonds?
This page does not show prices or yields. Trades in these bonds are reported on BSE and NSE, which publish the price and yield of each trade, usually by the end of the trading day. Many corporate bonds trade rarely, so a recent price may not exist; an old trade is not a current price.
Sources and dates
- NSDL India Bond Info: bond terms, issuer identity and ratings by ISIN
- BSE and NSE: bonds that have traded, and their exchange listings
- BSE: privately placed debt securities
- Methodology: how these pages are compiled and checked
Data as of 13 Nov 2026 (snapshot 20261113-2049). Facts on this page last changed on 5 Nov 2026. Rating dates above are the agencies' action dates, which can be much older than the data date. This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.
