NHPC raises Rs 996 crore through bonds

New Delhi: State-owned hydro power giant NHPC on Monday raised Rs 996 crore through the issuance of non-convertible bonds on private placement basis.

"NHPC Limited has raised Rs 996 crore on February 20, 2023 through unsecured, redeemable, non-convertible, non-cumulative and taxable 7.59 per cent AD series bonds on private placement basis," according to a filing.

The bonds are proposed for listing at Wholesale Debt Market (WDM) segment of BSE and National Stock Exchange (NSE).