NHPC raises Rs 9.96 billion through issuance of non-convertible bonds

NHPC Limited has raised Rs 9.96 billion through the issuance of unsecured, redeemable, non-convertible, non-cumulative and taxable AD Se­ries bonds on a private placement basis. The company allotted 7.59 per cent per annum bonds on February 20, 2023 for 15 years, with the ma­tu­rity date of February 20, 2038. The bonds are proposed for listing at the wholesale debt market segment of the Bombay Stock Exchange and the National Stock Exchange (NSE).