NHPC has received approval for raising debt upto Rs 2,000 crore during financial year 2019-20 through issuance of secured, redeemable, taxable, noncumulative, non-convertible taxable 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 Board of Directors of the company at its meeting held on December 30, 2019 has approved 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.
