NHPC Restricted will increase Rs4,300cr via the issuance of company bonds in a number of tranches on a non-public placement foundation.

“The Board of Administrators of NHPC Restricted in its assembly held on Thursday has authorised the proposal for elevating of Debt as much as Rs4300cr in the course of the monetary yr 2021-22 via the issuance of secured, redeemable, taxable, non-cumulative, non-convertible taxable Company Bonds in a number of sequence/tranches on non-public placement foundation and/or elevating of Time period loans I Exterior Business Borrowings (ECB) in appropriate tranches,” firm mentioned in a submitting on Thursday.