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NHPC informs about board meeting

22 Apr 2016 Evaluate

NHPC has informed that a meeting of the Board of Directors of the Company will be held on April 26, 2016 to consider raising of debt up to Rs 900.00 crores through issuance of U-Series secured Redeemable Non cumulative Non Convertible Corporate bonds in the nature of debentures on private placement basis to meet debt requirement of Parbati-ll project and to refinance PFC loan for TLDP-IV Project. Out of this 276.00 crores will be covered under lEBR 2016-17 and balance for recoupment of IR and refinance purpose.

The above information is a part of company’s filings submitted to BSE.

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