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

State-owned hydro power giant NHPC Ltd announced on Friday (January 2) its 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.

Bond Issuance Details

The fundraising initiative involves the issuance of bonds through private placement, providing NHPC with capital for its operational and expansion requirements. The bonds will be structured as unsecured, redeemable, taxable, non-convertible, and non-cumulative instruments, offering flexibility in the issuance process through multiple tranches.

Parameter:	Details
Fundraising Amount:	₹2,000 crore
Issuance Method:	Private placement
Bond Type:	Unsecured, redeemable, taxable, non-convertible, non-cumulative
Board Meeting Date:	January 8, 2026

Strong Second Quarter Performance

NHPC reported robust financial performance for the July-September quarter of FY26, demonstrating strong operational efficiency and growth momentum. The company's consolidated net profit rose significantly, supported by revenue growth and improved operational metrics.

Financial Metric:	Q2 FY26	Q2 FY25	YoY Growth
Net Profit:	₹1,021.00 cr	₹900.00 cr	+13.40%
Revenue from Operations:	₹3,365.00 cr	₹3,051.00 cr	+10.30%
EBITDA:	₹2,027.00 cr	₹1,804.00 cr	+12.40%
EBITDA Margin:	60.20%	59.10%	+110 bps

Operational Excellence and Market Position

The company's EBITDA margins improved to 60.20% from 59.10% in the year-ago quarter, reflecting disciplined cost management and efficient operations. This margin expansion demonstrates NHPC's ability to optimize its operational performance while maintaining growth trajectory.

Faridabad-based NHPC operates under the Ministry of Power and holds the distinction of being India's largest hydropower development company. The company has diversified its portfolio beyond hydropower to include presence in solar and wind energy development, positioning itself strategically in the renewable energy sector.

Market Response

Shares of NHPC Ltd ended the trading session at ₹83.70, registering a gain of ₹5.20 or 4.14% on the BSE. The positive market response reflects investor confidence in the company's fundraising plans and strong quarterly performance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.10%	+7.47%	+8.18%	-2.16%	+2.05%	+261.99%

NHPC has announced plans to discuss a potential bond issuance of up to ₹20.00 billion on January 8. This significant fundraising initiative marks an important corporate development for the power generation and distribution company.

Bond Issuance Details

The proposed bond discussion involves a substantial amount that could provide NHPC with significant capital resources. The timing of this announcement suggests strategic financial planning by the company's management.

Parameter:	Details
Proposed Bond Amount:	Up to ₹20.00 billion
Discussion Date:	January 8
Company Sector:	Power Generation & Distribution

Strategic Implications

The planned discussion of this bond issuance represents a notable step in NHPC's capital raising activities. With the proposed amount of ₹20.00 billion, this initiative could significantly impact the company's financial structure and future operations.

The January 8 discussion date indicates that NHPC is moving forward with its fundraising plans in a structured manner. This corporate action demonstrates the company's proactive approach to securing capital through debt instruments in the current market environment.