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NHPC planning to raise funds up to Rs 2500 crore during FY20 via bonds

11 Sep 2019 Evaluate

NHPC is planning to raise debt up to Rs 2500 crore during financial year 2019-20 through issuance of corporate bonds in one or more series/tranches on private placement basis and/or raising of Term Loans/Inter-Corporate Loan/External Commercial Borrowings (ECB) in suitable tranches.

The meeting of the Board of Directors of the company is scheduled on September 17, 2019, to consider the same.

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 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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