NHPC has received its shareholders’ approval for proposal to raise Rs 2,000 crore via the issuance of non-convertible debentures (NCDs) on private placement basis. Besides, the shareholders approved the proposal for a final dividend at the rate of 1 per cent on the paid up equity share capital, that is 10 paise per equity share.
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.
