NHPC board to consider monetisation of power projects' future cash flow on Dec 22 PSU Watch
News Updates

NHPC board to consider monetisation of power projects' future cash flow on Dec 22

NHPC Limited on Monday said its board will consider a proposal regarding monetisation of future cash flow of one or more power stations to fund capital expenditure

PSU Watch Bureau, PTI

New Delhi: State-owned hydro power major NHPC Limited on Monday said its board will consider a proposal regarding monetisation of future cash flow of one or more power stations to fund capital expenditure. The meeting will be held on December 22.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

In a regulatory filing, the company said its board "may inter-alia consider the proposal regarding monetisation of future cash flow (consisting return on equity) of one or more power station(s) of the company for suitable tenure, as part of the funding plan of capex of the company for the current financial year 2023-24 or beyond."

As on September 30, the company's total installed capacity stood at 7,097.20 MW, including 1,546 MW in joint ventures. It has also diversified into wind and solar segments.

The NHPC, including its joint ventures and subsidiaries, is engaged in the construction of 15 projects, aggregating to a total installed capacity of 10,449 MW.

The NHPC has 13 projects aggregating to a total installed capacity of 4,847 MW at clearance stage.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

IIFCL in talks with ADB, Korean Exim Bank to raise $600 million

Govt notifies telecom cyber security rules; sets timelines for telcos to report security incidents

Govt invites job applications for PNGRB's Member post

Power Minister visits NHPC’s Nimoo Bazgo Power Station in Ladakh

Delegates from 18 countries attend RBI's policy conference of Global South central banks