Latest News | NHPC Board to Consider Monetisation of Power Projects' Future Cash Flow on Dec 22
Get latest articles and stories on Latest News at LatestLY. State-owned hydro power major NHPC on Monday said its board will consider a proposal regarding monetisation of future cash flow of one or more power stations to fund capital expenditure.
New Delhi, Dec 18 (PTI) State-owned hydro power major NHPC on Monday said its board will consider a proposal regarding monetisation of future cash flow of one or more power stations to fund capital expenditure.
The meeting will be held on December 22.
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In a regulatory filing, the company said its board "may inter-alia consider the proposal regarding monetisation of future cash flow (consisting return on equity) of one or more power station(s) of the company for suitable tenure, as part of the funding plan of capex of the company for the current financial year 2023-24 or beyond".
As on September 30, the company's total installed capacity stood at 7,097.20 MW, including 1,546 MW in joint ventures. It has also diversified into wind and solar segments.
The NHPC, including its joint ventures and subsidiaries, is engaged in the construction of 15 projects, aggregating to a total installed capacity of 10,449 MW.
The NHPC has 13 projects aggregating to a total installed capacity of 4,847 MW at clearance stage.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)