NHPC to Issue Bonds Worth Rs 20 Billion on April 23
POWER & RENEWABLE ENERGY

NHPC to Issue Bonds Worth Rs 20 Billion on April 23

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

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

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?