NHPC board to consider raising Rs 2,500 cr

State-owned hydro power giant NHPC on Wednesday said its board next week will consider a proposal to raise up to Rs 2,500 core via bonds, loans or ECBs.

NHPC's board in its meeting scheduled for September 17 will consider a proposal for raising debt of up to Rs 2,500 crore during 2019-20, as per a BSE filing.

The fund will be raised through issuance of corporate bonds in one or more series/tranches on private placement basis and/or raising of term loans/inter-corporate loan/External Commercial Borrowings (ECB) in suitable tranches, it added.