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BSE SENSEX
74,482.78
-188.50
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Corporate Announcement
Security Code
533098
Company
NHPC Ltd
Exchange Received Time
27/03/2024 21:45:36
Exchange Disseminated Time
27/03/2024 21:45:36
Time Taken
00:00:00
Outcome Of Meeting Of Board Of Directors Of NHPC Limited Held On Wednesday, 27Th March, 2024 |
3/27/2024 9:45:36 PM
It is to inform that the Board of Directors of NHPC Limited in its meeting held today i.e. Wednesday, 27.03.2024 (Meeting commenced at 06:00 P.M. and concluded at 09:00 P.M.) had inter-alia considered and approved the proposal for raising of debt upto Rs. 6100 Crore during FY 2024-25 through issuance of secured/unsecured, redeemable, taxable, non- cumulative non-convertible corporate bonds in one or more series/tranches on private placement basis and/or raising of term loans/external commercial borrowings (ECB) in suitable tranches. Further, the Board of Directors in the said meeting has also given its in-principal approval for closure of Loktak Downstream Hydroelectric Corporation Limited (a subsidiary company of NHPC Limited and Joint venture with Govt. of Manipur), subject to the approval of DIPAM, Ministry of Power and Govt. of Manipur
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