MoneyWorks4Me

NHPC raises Rs 1,475 crore through Private Placement

15 Jul 2015 Evaluate

NHPC has issued ‘T’ Series Bond amounting to Rs 1,475 crore through Private Placement at a coupon rate of 8.50% opened on July 14, 2015 and has been fully subscribed. These bonds are issued with a maturity period of 15 Years with 3 years moratorium period and redeemable in 12 equal installments starting from the end of 4th Year.

NHPC is an Indian Hydro Power Generation company that was incorporated with an objective to plan, promote and organize an integrated and efficient development of hydroelectric power in all aspects.


Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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