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NHPC planning to raise Rs 2000 crore via bonds

23 Dec 2019 Evaluate

NHPC is planning to raise debt up to Rs 2000 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/External Commercial Borrowings (ECB) in suitable tranches.

The meeting of the Board of Directors of the company is scheduled on December 28, 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 312.90
Tata Power 338.45
Adani Power 189.05
Power Grid Corpn. 247.65
Adani Energy Solut. 1265.00
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