NHPC has inked a pact with HDFC bank to securitise return on equity (RoE) of its 540-MW Chamera-I Power Plant in Himachal Pradesh for 10 years. The amount of the securitisation facility has been arrived Rs 1,016.39 crore or 5.24 per cent per annum discounting rate linked with three-month T-bills.
In December 2021, NHPC's board had approved the proposal for monetisation by securitisation through bidding process of return on equity of Chamera-1 Power Station (3 X 180 MW), Himachal Pradesh, and further to monetise RoE of one or more power stations for 5 or 10 or 15 years in one go or rollover.
NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.
