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

CrunchBase

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.”