NHPC to raise ₹2,000 cr via private placement of bonds; board meet on Jan 8

State-owned hydro power giant NHPC Ltd on Friday (January 2) said it plans to raise ₹2,000 crore through the issuance of unsecured, redeemable, taxable, non-convertible, non-cumulative bonds in one or more tranches via private placement.

The company has scheduled a board of directors meeting on Thursday, January 8, 2026, to consider and approve the proposal for the perusal of the General Information Document (GID) and Key Information Document (KID) for the proposed bond issuance.

Second Quarter Results

NHPC reported a 13.4% year-on-year (YoY) rise in consolidated net profit to ₹1,021 crore for the July–September quarter of FY26, compared with ₹900 crore in the same period last year. Revenue from operations grew 10.3% YoY to ₹3,365 crore, up from ₹3,051 crore in the year-ago quarter.

Also Read: NHPC announces commerical operation of 3rd phase of Karnisar Solar Power Project in Bikaner

Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 12.4% YoY to ₹2,027 crore, while margins improved to 60.2% from 59.1% a year earlier, reflecting disciplined cost management and efficient operations.

Faridabad-based NHPC, under the Ministry of Power, is the largest hydropower development company in India, with a presence in solar and wind energy development.

Shares of NHPC Ltd ended at ₹83.70, up by ₹5.20, or 4.14%, on the BSE.

Also Read: NHPC Q1 results: Profit up 4% YoY on strong revenue growth; raises ₹2,000 cr via bond issue