NHPC Board Greenlights Rs 6,300 Crore Borrowing Plan for FY26
In a significant financial move, the board of
NHPC
Ltd., India’s leading state-owned hydroelectric power producer, has approved a borrowing plan to raise up to Rs 6,300 crore in debt for the fiscal year 2025-26. The decision, finalized during a board meeting on March 19, 2025, aims to bolster the company’s funding for ongoing and future projects. The funds will be raised through the issuance of secured or unsecured, redeemable, taxable, non-convertible corporate bonds, to be offered in one or more tranches via private placement, alongside potential term loans or external commercial borrowings.
This strategic step underscores NHPC’s efforts to strengthen its financial framework as it continues to lead India’s hydropower sector, with an installed capacity exceeding 7,200 MW. The company, a Mini Ratna Category-I enterprise under the Ministry of Power, has been diversifying into renewable energy, including solar and wind, while maintaining its dominance in hydroelectric generation. The approved borrowing plan reflects NHPC’s proactive approach to securing capital amid evolving market dynamics and operational demands, positioning it to sustain growth in the competitive energy landscape.