NHPC raises Rs 9.96 billion through issuance of non-convertible bonds

NHPC Limited has raised Rs 9.96 billion through the issuance of unsecured, redeemable, non-convertible, non-cumulative and taxable AD series bonds on private placement basis.

The company allotted the 7.59 per cent per annum bonds on February 20, 2023 for 15 years, with maturity date of February 20, 2038. The bonds are proposed for listing at wholesale debt market segment of Bombay Stock Exchange and National Stock Exchange.