NHPC to raise Rs 2,000 crore in FY 19-20

Reader's Pick

A state-owned hydropower generation company NHPC Ltd, is planning to raise Rs 2,000 crore through various instruments.

In a filing at BSE, the company said, “Its board will meet on 28 December to consider a proposal to raise the funding through the issuance of corporate bonds on private placement basis or through term loan or external commercial borrowing.”

The statement added, “The board will consider the proposal for raising up to Rs 2,000 crore in debt funding.”

Krishna Mali
Krishna Mali
Founder & Editor of TechGraph.

Latest News

Promoted Links

Related Stories

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($239 billion) with...

Sino-US trade war offers Europe’s chance to bank more Chinese reserves: Analysis

Should European countries want the euro to replace the dollar as the world's dominant...

Jack Dorsey may not appear before Indian parliamentary Panel on 25 February

Twitter CEO Jack Dorsey will not appear before the Parliamentary panel on IT on...

Rajesh Bysani joins Brainly as its new CPO

A New York headquarter peer-to-peer learning platform, Brainly has announced the appointment of Rajesh...

AI bot “ClaRAN” can spot radio galaxy too.

An artificial intelligence (AI) programme used to recognize faces on Facebook can also identify...

Ampere Electric to setup e-mobility manufacturing plant in Tamil Nadu

Electric Mobility Company Ampere Electric has announced a phased investment potential of Rs 700...

Bitcoin Price Crash

Bitcoin crypto was launched in 2009. It was the beginning of the digital assets...

1Win App: Review India Apk for Android and iOS

The company 1Win has been successfully operating in the markets of many countries around...

MoneyTap collects Rs 500 crore in series B round funding from Aquiline Technology Growth, RTP Global, and Sequoia India

Online consumer lending startup MoneyTap on Monday announced that it has raised Rs 500...

Cloudflare eyes for IPO, hires Goldman Sachs for valuation

According to the Reuters reports, Cloudflare Inc, a U.S based web security company is...

Elon Musk says $20 Mn in fine, for a tweet worth it

Tesla Inc, Chief Executive Elon Musk said the tweet that cost him and the...

Paytm Payouts transfers Rs 1,500 crores

India-based e-wallet company, PayTM said, "Its Paytm Payouts has transferred over Rs 1,500 crore...

Jack Dorsey may not appear before Indian parliamentary Panel on 25 February

Twitter CEO Jack Dorsey will not appear before the Parliamentary panel on IT on...

Japan approves 26 trillion yen as economic stimulus package to combat overseas risks

Japan's cabinet approved an economic stimulus package worth 26 trillion yen ($239 billion) with...