NHPC signs Rs 10.2 billion securitisation facility with HDFC Bank      


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.