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NHPC to hold board meeting

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Capital Market

On 26 April 2016

NHPC will hold a meeting of the Board of Directors of the Company on 26 April 2016 to consider raising of debt up to Rs. 900.00 crores through issuance of U-Series secured Redeemable Non cumulative Non Convertible Corporate bonds in the nature of debentures on private placement basis to meet debt requirement of Parbati-ll project and to refinance PFC loan for TLDP-IV Project.Out of this 276.00 crores will be covered under lEBR 2016-17 and balance for recoupment of IR and refinance purpose.

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First Published: Apr 22 2016 | 4:06 PM IST

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