NHPC raises Rs 1,500 crore via bonds

NEW DELHI: State-owned hydro power giant on Friday said it has raised Rs 1,500 crore through issuance of non-convertible taxable bonds.

“NHPC Ltd has raised Rs 1,500 crore on February 12, 2021 through private placement of secured, redeemable, taxable, non-cumulative, non-convertible 6.86 per cent NHPC AC Series Bonds,” a BSE filing said.

The bonds are proposed for listing at Wholesale Debt Market segment of BSE and NSE. The bonds will mature on February 12, 2036.

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