In a move to strengthen its financial position and support ongoing clean energy projects, state-run hydropower major NHPC Limited has successfully raised ₹1,945 crore through a bond issuance, the company disclosed in a regulatory filing on Tuesday.
The funds were secured via Unsecured, Redeemable, Non-Convertible, Non-Cumulative, and Taxable 6.86% AF Series Bonds, maturing in 2040, issued on a private placement basis. The bond issue reflects investor confidence in NHPC’s long-term strategic plans and its stable public sector backing.
About NHPC
NHPC, formerly known as National Hydroelectric Power Corporation, was established in 1975 and has since become a key player in India’s renewable energy landscape. While originally focused on hydropower, the company has diversified into solar, wind, tidal, and geothermal energy, reflecting India’s broader push toward a sustainable and low-carbon future.
Designated as a Navaratna PSU, NHPC is among the top ten public sector companies in terms of investment base and plays a pivotal role in the government’s renewable energy ambitions. The proceeds from this bond issue are expected to support ongoing and upcoming energy infrastructure projects across the country.