NHPC Limited , India's premier hydropower company, has rescheduled its board meeting to consider a significant bond fundraising proposal. The state-owned Navratna enterprise will convene its Board of Directors on Thursday, January 8, 2026, to deliberate on raising up to ₹2,000.00 crore through bond issuance.

Updated Board Meeting Schedule

According to the latest corporate filing submitted to stock exchanges, the board meeting has been rescheduled from the previously announced date. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about the updated meeting schedule, ensuring compliance with regulatory requirements.

Bond Issuance Framework

The proposed bond issuance will be structured as Unsecured, Redeemable, Taxable, Non-Convertible, Non-Cumulative Bonds, to be issued in one or more tranches through private placement. This fundraising initiative forms part of NHPC's comprehensive borrowing plan for the fiscal year 2025-26, demonstrating the company's strategic approach to capital management.

Document Review Process

During the board meeting, directors will review and approve the General Information Document (GID) and Key Information Document (KID) related to the bond issuance. These documents are essential components of the fundraising process and ensure transparency for potential investors.

Regulatory Compliance

NHPC has maintained strict adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, particularly Regulation 29(1), by providing timely intimation to stock exchanges. The company's proactive communication ensures all stakeholders remain informed about significant corporate developments.

Strategic Implications

This bond issuance represents NHPC's continued focus on strengthening its financial position to support ongoing and future hydropower projects. As a government-owned Navratna company with established credentials in the power generation sector, NHPC's bonds are likely to attract institutional investors seeking stable investment opportunities in India's energy infrastructure.

NHPC Limited , India's premier hydropower company, is poised to mark a significant milestone in its renewable energy portfolio. The company has announced the commercial operation date for the fourth phase of its ambitious 300 MW Karnisar Solar Power Project, located in Bikaner, Rajasthan.

Project Timeline

The fourth phase of the Karnisar Solar Power Project is scheduled to commence operations on June 30. This announcement underscores NHPC's commitment to expanding its footprint in the solar energy sector, complementing its established hydropower operations.

Strategic Importance

The Karnisar Solar Power Project represents a strategic diversification for NHPC, traditionally known for its hydroelectric projects. By venturing into solar power, the company is aligning itself with India's renewable energy goals and contributing to the nation's sustainable energy mix.

Project Location

Situated in Bikaner, Rajasthan, the project capitalizes on the region's high solar irradiance, making it an ideal location for solar power generation. Rajasthan has been at the forefront of India's solar energy revolution, and this project further cements the state's position as a key player in the country's renewable energy landscape.

Capacity and Impact

With a total capacity of 300 MW, the Karnisar Solar Power Project is a substantial addition to India's solar power infrastructure. The commencement of the fourth phase marks the final step in bringing this project to its full operational capacity, potentially powering thousands of homes and businesses with clean, renewable energy.

Looking Ahead

As NHPC prepares to bring the fourth phase of the Karnisar Solar Power Project online, industry observers will be keen to see the impact on the company's renewable energy portfolio and overall performance. This development may also signal NHPC's intentions for future investments in the solar power sector, as India continues its push towards ambitious renewable energy targets.

The successful implementation of this project could serve as a model for future large-scale solar installations, contributing to India's energy security and environmental sustainability goals.