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NHPC plans to raise up to Rs 2,000 cr in FY'20

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Press Trust of India New Delhi

State-owned NHPC on Monday said it

is planning to raise up to Rs 2,000 crore through various instruments.

As per a BSE filing by the company, its board will meet on December 28 to consider a proposal to raise the amount through issuance of corporate bonds on private placement basis or via a term loan or external commercial borrowing.

"The Board of Directors of NHPC...will consider the proposal for raising of debt up to Rs 2,000 crore during 2019-20 through issuance of corporate bonds in one or more series/tranches on private placement basis and/or raising of term loans/external commercial borrowings in suitable tranches," the filing said.

 

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First Published: Dec 23 2019 | 2:50 PM IST

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