NHPC has received an approval for Buy-Back of up to 10% of fully paid up equity shares of Rs 10 each at Rs 19.25 per share payable in cash for an aggregate amount of Rs 2367.89 crore through tender offer. The board of directors at its meeting held on October 24, 2013 has unanimously approved for the same.
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.
