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NHPC planning to raise up to Rs 5,600 crore during FY24

24 Mar 2023 Evaluate

NHPC is planning to raise debt up to Rs 5,600 crore during financial year 2023-24 (FY24) 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. A meeting of Board of Directors of the company is scheduled to be held on March 28, 2023, 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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