NHPC Limited has signed an agreement with HDFC Bank to securitise the return on equity (RoE) of its 540 MW Chamera I power plant in Himachal Pradesh. NHPC has signed the facility agreement for a tenor of 10 years. The monetisation deal has been closed at a discounting factor of 5.24 per cent per annum linked with three-month T-bills, which have fetched the present value of Rs 10.16 billion against the future cash flow of 10 years for the Chamera-I power station.