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Board of NHPC approves raising debt up to Rs 2000 cr during FY20

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Capital Market

At meeting held on 30 December 2019

The Board of NHPC at its meeting held on 30 December 2019 has approved the proposal for raising of debt upto Rs 2000 crore during financial year 2019-20 through issuance of secured, redeemable, taxable, noncumulative, non-convertible taxable corporate bonds in one or more series/tranches on private placement basis and/or raising of Term loans I external commercial borrowings (ECB) in suitable tranches.

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First Published: Dec 31 2019 | 9:35 AM IST

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