NHPC Plans Rs 2,000 Crore Bond Issuance; Board Meeting Scheduled
1 day agoBusiness
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1 SourcesNew Delhi, India
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NHPC Plans Rs 2,000 Crore Bond Issuance; Board Meeting Scheduled

NHPC announced plans to raise Rs 2,000 crore through bond issuance in single or multiple tranches as part of its borrowing plan for the current financial year. The company's board is scheduled to meet on January 8 to consider and approve the proposal for issuing unsecured, redeemable, taxable, non-convertible, non-cumulative bonds via private placement. NHPC is India's largest hydropower developer, also involved in solar and wind energy.

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