New Delhi: State-owned hydropower major NHPC Limited has approved a proposal to issue unsecured, redeemable, taxable, non-convertible and non-cumulative bonds worth up to Rs 2,000 crore as part of its borrowing plan for the financial year 2025–26.
The decision was taken at a meeting of the Board of Directors of NHPC Limited held on Thursday, the company informed stock exchanges in a regulatory filing.
The bonds will be issued through private placement in one or more tranches, subject to applicable approvals, NHPC said. The proposed issuance forms part of the company’s overall borrowing programme for FY26.
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