Hydro-power major NHPC is planning to raise Rs 5,000 crore through private placement of corporate bonds. In this regards, the company’s board will meet on July 27 to consider the proposal of raising corporate debentures/bonds aggregating to Rs 5,000 crore.
The company’s board will also consider the proposal to raise Rs 494 crore through issuance of ‘W’ series corporate bonds on private placement basis.
NHPC is engaged in electricity generation. The company is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.
