NHPC to Issue Bonds Worth Rs 20 Billion on April 23

22 Apr 2025 CW Team

According to a regulatory filing, the board will specifically examine and authorize the Key Information Document (KID) related to the bond issuance. The company intends to issue unsecured, redeemable, taxable, non-convertible, and non-cumulative bonds.

These bonds will be issued in one or more tranches, based on the company’s funding needs during the current financial year. The proposed bond issue is part of NHPC’s broader borrowing strategy to fund operational costs and future growth plans for FY 2025–26.

In its latest financial update, NHPC reported a 52.5 per cent decline in net profit year-on-year, amounting to Rs 2.31 billion for the quarter ending December 31, 2024. In the same quarter of the previous fiscal year, the company posted a net profit of Rs 4.86 billion, reflecting a significant drop in profitability.

Despite the decline in profit, NHPC’s revenue from operations increased by 11.3 per cent year-on-year to Rs 22.86 billion for Q3 FY25, up from Rs 20.55 billion in Q3 FY24. The company showed an improvement in operating performance, with EBITDA rising by 35.8 per cent to Rs 10.21 billion, compared to Rs 7.52 billion in the same quarter of the previous year.

The EBITDA margin for the quarter was 44.7 per cent, a substantial increase from 36.6 per cent in the comparable quarter of the previous fiscal year. EBITDA, or earnings before interest, taxes, depreciation, and amortization, reflects NHPC’s high operational efficiency despite pressure on the bottom line.

The upcoming board meeting and the fundraising decision are expected to draw close attention from investors and market participants, as they could provide insights into the company’s funding strategy and financial priorities for the upcoming fiscal year.

News source: IIFL Capital

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

NHPC, a government-owned hydropower company, has revealed plans to raise up to Rs 20 billion through a private placement of bonds during the financial year 2025–26. The company's board of directors is scheduled to meet on Wednesday, April 23, 2025, to review and approve the fundraising proposal. According to a regulatory filing, the board will specifically examine and authorize the Key Information Document (KID) related to the bond issuance. The company intends to issue unsecured, redeemable, taxable, non-convertible, and non-cumulative bonds. These bonds will be issued in one or more tranches, based on the company’s funding needs during the current financial year. The proposed bond issue is part of NHPC’s broader borrowing strategy to fund operational costs and future growth plans for FY 2025–26. In its latest financial update, NHPC reported a 52.5 per cent decline in net profit year-on-year, amounting to Rs 2.31 billion for the quarter ending December 31, 2024. In the same quarter of the previous fiscal year, the company posted a net profit of Rs 4.86 billion, reflecting a significant drop in profitability. Despite the decline in profit, NHPC’s revenue from operations increased by 11.3 per cent year-on-year to Rs 22.86 billion for Q3 FY25, up from Rs 20.55 billion in Q3 FY24. The company showed an improvement in operating performance, with EBITDA rising by 35.8 per cent to Rs 10.21 billion, compared to Rs 7.52 billion in the same quarter of the previous year. The EBITDA margin for the quarter was 44.7 per cent, a substantial increase from 36.6 per cent in the comparable quarter of the previous fiscal year. EBITDA, or earnings before interest, taxes, depreciation, and amortization, reflects NHPC’s high operational efficiency despite pressure on the bottom line. The upcoming board meeting and the fundraising decision are expected to draw close attention from investors and market participants, as they could provide insights into the company’s funding strategy and financial priorities for the upcoming fiscal year. News source: IIFL Capital

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..