NHPC Limited has approved a fundraise of up to Rs 20 billion for financial year 2025-26 through the issuance of unsecured, redeemable, taxable, non-convertible, non-cumulative AF-Series bonds via private placement in one or more tranches.
Additionally, the board approved the development of a 1200 MW solar park in Jalaun, Uttar Pradesh by Bundelkhand Saur Urja Limited, a subsidiary of NHPC. The project, under the Ministry of New and Renewable Energy’s mode 8- ultra mega renewable energy power parks scheme, is estimated to cost Rs 7.96 billion, including an equity investment of Rs 2.39 billion by NHPC.