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NHPC Raises ₹2,000 Crore Through 7.29% AH Series Bonds

NHPC Limited raises ₹2,000 crore through 7.29% AH Series Bonds 2041 via private placement. Tenors range 6–15 years with annual interest payments. Listing proposed on BSE & NSE WDM.
NHPC Raises ₹2,000 Crore Through 7.29% AH Series Bonds

NHPC Limited has successfully raised ₹2,000 crore via the issuance of Unsecured, Redeemable, Non-Convertible, Non-Cumulative, and Taxable 7.29% AH Series Bonds 2041 on a private placement basis. The bonds were allotted on 27th February 2026.

The issue comprises 10 tranches (STRPP A to STRPP J), each with a face value of ₹200 crore, with tenors ranging from 6 to 15 years. Interest will be paid annually at 7.29% per annum, and principal repayment is scheduled in annual installments starting from the 6th year, as per the amortization schedule for each tranche.

The bonds are proposed to be listed on the Wholesale Debt Market (WDM) segment of both the Bombay Stock Exchange (BSE – 533098) and the National Stock Exchange of India (NSE – NHPC).

Key Highlights:

  • Type: Unsecured, non-convertible, redeemable bonds (AH Series 2041)

  • Total Issue Size: ₹2,000 crore

  • Coupon Rate: 7.29% p.a.

  • Tenure: 6 to 15 years depending on the tranche

  • Allotment Date: 27th February 2026

  • Redemption Dates: 27th February 2032 to 27th February 2041

  • Mode of Issue: Private Placement

  • Listing: Proposed on BSE & NSE WDM segments

 

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Amortization Schedule Example (STRPP A, 6-year tenor):

  • Interest: ₹14.58 crore per year

  • Redemption: ₹200 crore at maturity (27th Feb 2032)

The remaining tranches follow a similar structure, with interest paid annually and principal repayment staggered according to each tranche’s tenure.

NHPC Limited emphasized that the bonds are unsecured, and no collateral or special privileges are attached to these instruments.

This issuance aims to strengthen NHPC’s financial resources for its renewable energy projects and infrastructure expansion.

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