NHPC Limited has informed the Exchange about issue of 6.40% NHPC AGSeries Bonds 2027 on Private placement basis. The details in respect of above issue are attached.
NHPC · price
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NHPC Limited, a Government of India Navratna hydro power company, has raised Rs. 2,000 crore on 12 August 2025 through a private placement of unsecured, redeemable, non-convertible bonds. The bonds carry a coupon rate of 6.40% per annum and have a 2-year tenor, maturing on 12 August 2027. The bonds are proposed to be listed on the Wholesale Debt Market (WDM) segment of both BSE and NSE. Interest will be paid annually (Rs. 128 crore each year), with the principal of Rs. 2,000 crore redeemed at par at the end of the 2nd year. The bonds carry no special rights or security, and there is no default or delay in interest/principal payment.
This is a routine debt-raising exercise by a government-backed power company at competitive rates, suggesting healthy borrowing access. For shareholders, it expands NHPC's debt by Rs. 2,000 crore which will likely fund ongoing or new hydro power projects, but the cost (6.40%) is reasonable and not a stress signal.