Borrowing Plan
NHPC source says may borrow up to INR 80 bln via term loan, bonds in FY27
This story was originally published at 20:01 IST on 21 March 2026
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--NHPC source: Plan to raise up to INR 80 bln in FY27
--NHPC source: May raise up to INR 48 bln via term loan FY27
--NHPC source: May raise up to INR 32 bln via bonds FY27
By Gunjan Rajput and Pratiksha
NEW DELHI – State-run NHPC Ltd. is planning to borrow up to INR 80 billion in 2026-27 (Apr-Mar), a senior company official told Informist. The company is scheduled to approve its FY27 borrowing plan on Wednesday. Of the total INR 80 billion, INR 48 billion will be through term loans and INR 32 billion from bonds, the official said.
For FY26, the company's board had approved borrowing up to INR 100 billion. The official said, of the INR 100 billion, INR 60 billion was raised through a term loan and INR 40 billion through bonds.
In a post-earnings conference call with analysts in February, NHPC's management had said it planned to add 2,774 megawatt of new capacity in FY27 and saw capital expenditure for the year around INR 150 billion. The company also plans to begin work on five to six new hydro projects soon.
For the December quarter, the company's net profit was INR 2.93 billion on revenue of INR 18.77 billion. Friday, shares of the company closed at INR 76.80 on the National Stock Exchange, up 0.7%. End
Edited by Akul Nishant Akhoury
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