NHPC Ltd.

BSE: 533098 | NSE: NHPC
Mid Cap | Power Generation/Distribution
80.65
-0.83 (-1.02%)
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NHPC gets nod to raise upto Rs 6300 crore in FY23

Date: 25-05-2022

NHPC has received approval for raising of debt upto Rs 6300 crore during financial year 2022-23 through issuance of secured/ unsecured, redeemable, taxable, non-cumulative 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 at their meeting held on May 25, 2022 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.