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

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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.”

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

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Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.
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