"We are exploring all options including green masala bonds," NTPC's director-finance Kulamani Biswal told ET. "A masala bond or potential green investors may permit a bit more leeway on pricing for that tranche," he said.The issuer can also tap into dedicated global green bond investors that are concerned with protecting the environment MUMBAI: NTPC is planning to sell rupee-denominated offshore green bonds to raise up to $250 million by the end of July as part of efforts by India's biggest power producer to enter renewable energy business . With a growing thrust on clean energy such as solar and wind power, NTPC is eyeing the "first seller" tag in the rupee-denominated overseas bonds category, said two people familiar with the matter. The company plans to add 2,500 MW of conventional capacity and at least an equal amount of renewable plants every year, he said.

Source: Economic Times June 19, 2016 22:00 UTC