NHPC is eyeing to raise debt up to Rs 900.00 crore 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 Rs 276.00 crore will be covered under IEBR 2016-17 and balance for recoupment of IR and refinance purpose. The company’s board will meet on April 26, 2016 to approve for the same.
NHPC is engaged in providing hydroelectric power generation. Their activity involves planning, development and implementation of hydroelectric projects in India. The company was founded in 1975 and is based in Faridabad, Haryana.
