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NHPC Ltd.

BSE: 533098 Sector: Infrastructure
NSE: NHPC ISIN Code: INE848E01016
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Outcome of Board Meeting

March 15, 2019, 9:22 pm | Source: BSE

The Board of Directors of NHPC Limited in its meeting held today i.e. Friday 15th March 2019 (commenced at 10:00 AM and concluded at 09:15 PM) has inter-alia considered and approved the following proposals:

a. Raising of fund through External Commercial Borrowing (ECB) in JPY equivalent to USD 100 Million from MUFG Bank to part finance the capital expenditure on on-going project(s) and /or for other permissible end uses.

b. Issue of GOI Fully Serviced Bonds up to Rs 2017.20 crore as per mandate given by Government of India for the FY 2018-19 through unsecured redeemable taxable non-cumulative non-convertible taxable bonds in one or more series\tranches on private placement basis from Domestic Market.

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