NHPC has decided to raise up to Rs 2250 crore through issuance of corporate bonds on private placement basis. The board of directors of the company in its meeting scheduled to be held on November 18, 2016, will consider the same. The proposed issue is out of Rs 4500 crore already approved by the shareholders in the annual general meeting held in September 2016.
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.
