NHPC shares rise 2% on fundraising plan
The board of NHPC will meet on March 27 to consider the proposal for raising of debt during financial years 2023-24 and 2024-25.
The board of NHPC will meet on March 27 to consider the proposal for raising of debt during financial years 2023-24 and 2024-25.
PM Narendra Modi on Feb 16 laid the foundation stone for a 300 MW solar power plant in Bikaner, with a total investment of over ₹1,732 crore.
The board of NHPC has approved an interim dividend of ₹1.40 per share on the face value of ₹10 each for FY24.
The government will sell over 25 crore shares in NHPC (with a green shoe option to sell 10 crore more) to raise around ₹2,300 crore.