NHPC raises Rs 19.45 billion via NCT

NHPC Limited has raised Rs 19.45 billion through the issuance of unsecured, redeemable, non-convertible, non cumulative and taxable (NCT) 6.86 per cent AF series bonds 2040 on a private placement basis.

The bonds have a tenure of 15 years, with the allotment date being May 6, 2025 and maturity on May 6, 2040. The issue is proposed to be listed on the wholesale debt market segment of Bombay Stock Exchange and National Stock Exchange.