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NHPC raises Rs 1,500 crore through issues of bonds

18 Feb 2019 Evaluate

NHPC has raised Rs 1,500 crore through issuance of secured, redeemable, non-cumulative, non-convertible, taxable X Series bonds on private placement basis. The tenure of the instruments is 10 years and coupon rate is 8.65% p.a.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.

Peers
Company Name CMP
NTPC 312.15
Tata Power 335.75
Adani Power 187.75
Power Grid Corpn. 246.15
Adani Energy Solut. 1251.25
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