Corporate News 25-Feb-22
NHPC securitizes RoE of Chamera-I Power Station for 10 year period
NHPC announced that with regard to monetization by securitization, the company has signed a Facility Agreement today i.e. February 24, 2022 with HDFC Bank to Securitize the Return on Equity of Chamera-I Power Station (3 X 180 MW), Himachal Pradesh for a tenor of 10 years. The amount of Securitization facility has been arrived Rs. 1,016.39 crore at 5.24% p.a. discounting rate linked with 3 months T-Bills.
Previous News
NHPC consolidated net profit declines 0.24% in the June 2023 quarter
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