On December 22, the NHPC board will discuss marketing the future cash flow from power projects

19 Dec 2023 , 12:17 PM

Major state-owned hydropower company NHPC announced on Monday that a proposal to monetize future cash flow from one or more power plants in order to pay for capital expenditures will be reviewed by the board. The date of the meeting is December 22. 

The company stated in a regulatory filing that its board ”may inter-alia consider the proposal regarding monetization of future cash flow (consisting of return on equity) of one or more power station(s) of the company for suitable tenure, as part of the funding plan of the company’s capital expenditures for the current financial year 2023–24 or beyond”.

With 1,546 MW in joint ventures, the company’s total installed capacity as of September 30 was 7,097.20 MW. Additionally, it has expanded into the solar and wind industries. Together with its subsidiaries and joint ventures, the NHPC is building 15 projects with a combined installed capacity of 10,449 MW.

At the clearance stage, the NHPC’s 13 projects have an installed capacity of 4,847 MW overall.

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