NHPC Ltd board approves proposal for monetization of asset of the Company

The Board of Directors of NHPC Limited in its meeting held today i.e. Tuesday, December 7, 2021 has approved the proposal for monetization by securitization through bidding process of Return on Equity (RoE) of Chamera-1 Power Station (3 X 180 MW), Himachal Pradesh and further to monetize the RoE of one or more power stations for 05/10/15 years in one go or roll over.

Shares of NHPC Limited was last trading in BSE at Rs. 33.55 as compared to the previous close of Rs. 33.40. The total number of shares traded during the day was 923404 in over 3572 trades.

The stock hit an intraday high of Rs. 34.50 and intraday low of 33.30. The net turnover during the day was Rs. 31236594.00.

Source : Equity Bulls

Keywords

NHPCLimited INE848E01016 AssetMonetization Securitization