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.
Source: Economic Times
