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NHPC proposes to raise Rs 494 crore by way of bond issue

Capital Market 

Board to consider proposal on 27 July 2017

NHPC proposes to raise funds amounting to Rs 494 crore through issuance of 'W' series corporate bonds on private placement basis. The proposed issue is out of Rs 4500 crore already approved by the shareholders in their 40th Annual General Meeting held on 22 September 2016. The Board will consider the proposal on 27 July 2017.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 17 2017. 16:22 IST