bond issuance

India | Finance | News

NHPC board clears Rs 2,000 crore bond issue for FY 2025-26
By January 9, 2026January 9, 2026

NHPC Limited has approved a proposal to raise funds through bond issuance as part of its borrowing plan for the financial year 2025-26. The decision was taken at the meeting of the Board of Directors held on January 8, 2026, and was disclosed through a regulatory filing to the stock exchanges. The Board approved the issuance of Unsecured, Redeemable, Taxable, Non-Convertible, Non-Cumulative AH Series Bonds with an aggregate value of up to Rs 2,000 crore….

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India | News

NHPC raises Rs 19.45 billion; NTPC to raise Rs 40 billion via bond issues
By May 12, 2025May 12, 2025

NHPC Limited has raised Rs 19.45 billion through the issuance of unsecured, redeemable, non-convertible, non-cumulative, taxable bonds (NCTs). These bonds, part of the 6.86% AF series, were issued on a private placement basis and will mature on May 6, 2040. The allotment date was May 6, 2025, giving the bonds a 15-year tenure. The bonds will be listed on the wholesale debt market segments of the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)….

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India | News

REC raises Rs 50 billion via bonds to support power sector lending
By April 29, 2025April 29, 2025

REC Limited has mobilised Rs 50 billion through bond issuance on a private placement basis to bolster its funding for power sector financing. The issue included Rs 30 billion in 5-year bonds with a 6.87 per cent coupon rate and Rs 20 billion in 10-year bonds with a 6.86 per cent coupon rate. Strong investor interest highlighted market confidence in REC’s financial and operational stability. All three major credit rating agencies—CARE Ratings, ICRA, and India…

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India | News

Power Grid approves issuance of bonds to raise up to Rs 50 billion
By October 24, 2024October 24, 2024

Power Grid Corporation of India Limited (PGCIL) has received approval from its committee of directors to issue its 79th bond series (2024-25), which will raise up to Rs 50 billion through a private placement. The bond issuance has a base size of INR 10 billion, with a green shoe option allowing for an additional Rs 40 billion. These bonds are unsecured, non-convertible, non-cumulative, and taxable, with a 10-year maturity period. The bonds will be redeemable…

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