Hydro-power major NHPC has deferred the consideration of the proposal for raising Rs 494 crore through issuance of 'W' series corporate bonds on private placement basis. The board of directors at their meeting held on July 27, 2017, has approved for the same.
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.