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Central Government/Public Sector | Multi State - India | PID: 203515
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NHPC is set to raise about Rs 2,300 crore during this financial year, surpassing its initial target of Rs 2,000 crore, as part of the Union government’s monetisation target and to fuel its expansion.
The company plans to raise the amount by securitising the return on equity (ROE) of its Dulhasti Power Station in Jammu and Kashmir (J&K) for eight years. However, it will retain ownership of the project.
The power sector accounts for seven percent of the total value of the assets on offer under the Union government’s national monetisation pipeline. The monetisation is crucial to fund the expansion of NHPC's hydropower, pump storage, and solar power projects.
In FY24, the company raised Rs 2,046.94 crore by monetising the ROE of its Kishanganga Power Station for eight years
| Updated on: 15 - Oct - 2024
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