NHPC Limited has approved a borrowing plan to raise up to ₹80 billion during FY 2026-27 through non-convertible corporate bonds, term loans, and external commercial borrowings. The move strengthens its financial flexibility to support upcoming projects and long-term growth.
NHPC Limited, a Government of India Navratna enterprise, announced the outcome of its Board meeting held on March 25, 2026. The company will tap multiple debt instruments to secure funding for its operations and expansion strategy.
Debt-Raising Strategy
The Board has authorized borrowing up to ₹8,000 crore through secured or unsecured, redeemable, taxable, non-cumulative, non-convertible corporate bonds. These will be issued in one or more tranches on a private placement basis. Additionally, NHPC may raise term loans and external commercial borrowings (ECB) in suitable tranches.
Financial Flexibility And Growth
This borrowing plan is aimed at ensuring liquidity and financial strength for NHPC’s ongoing and future projects in the renewable and hydro power sectors. By diversifying funding sources, the company seeks to optimize costs and maintain a robust capital structure.
Key Highlights
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Approval for raising debt up to ₹80 billion
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Instruments include non-convertible bonds, term loans, and ECB
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Private placement route for bond issuance
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Board meeting held on March 25, 2026
Sources: NHPC Limited Board Meeting Outcome