Essar Power Limited, a Energy company, has floated Debenture, having ISIN value as INE538F07140, with a face value of ₹10,00,000 rs on 05Sep13 to raise 1000 crores. The debt instrument is issued with a coupon rate of 12.50% and its interest is paid Quarterly. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 12.5% SECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 05/09/2024. This instrument is issued in Private Placement mode. It has Simple coupon type with Partial Redemption By Face Value option. The Debenture is listed on BSE stock exchange on 18Sep13. CARE Ratings Limited has given Suspended rating to this Debenture on 16Feb15. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.