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NHPC eyeing to raise Rs 1,000 crore through issue of tax-free bonds

04 Oct 2013 Evaluate

State-owned, NHPC is proposing to raise Rs 1,000 crore through public issue of tax-free bonds. The board of directors of the company has approved the draft prospectus for filing with regulatory authorities.

NHPC is engaged in the planning, development and implementation of an integrated and efficient network of hydroelectric projects in India. It executes all aspects of the development of hydroelectric projects, from concept to commissioning.

Peers
Company Name CMP
NTPC 337.00
Tata Power 367.00
Power Grid Corpn. 272.00
Adani Power 213.00
Torrent Power 1295.65
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