NTPC cooks up India’s inaugural green Masala debt
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Asia

NTPC cooks up India’s inaugural green Masala debt

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NTPC ventured into uncharted territory on Wednesday, issuing India’s maiden green bond denominated in offshore rupees. While the deal is expected to be the first of many, the development of the asset class depends on the stability of the currency and secondary market liquidity. Narae Kim reports.

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