Board of NHPC to consider private placement of bonds for Rs 500 cr

On 30 July 2018

The Board of NHPC in its meeting scheduled to be held on 30 July, 2018 inter-alia will consider the proposal for raising of Rs 500 crore through issuance of debentures/bonds in one or more series/tranches on private placement basis from domestic market and/or to raise term loans from domestic financial institutions/Banks in suitable tranches. The proposed issue is out of Rs 2000 crore already approved by the shareholders in the 41st Annual General Meeting of Company held on 27 September 2017.

Powered by Capital Market - Live News