DOCSLIB.ORG

NHPC LIMITED (A Government of India Enterprise) Regd

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
NHPC LIMITED (A Government of India Enterprise) Regd NHPC LIMITED (A Government of India Enterprise) Regd. Office: NHPC Office Complex, Sector-33, Faridabad-121003 (Haryana) Tel: (0129) 2270603, 2250591, 2278018 Fax: (0129) 2270902 Website: www.nhpcindia.com Compliance Officer Mr Vijay Gupta, Company Secretary E-mail: [email protected], [email protected], [email protected] CIN No. L40101HR1975GOI032564 Registered Office and Corporate Office NHPC Limited, NHPC Office Complex, Sector - 33, Faridabad - 121 003, Haryana, India (This is an Offer Letter prepared in conformity with Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008 issued vide circular no. LAD-NRO/GN/2008/13/127878 dated June 06, 2008 and as amended, Form PAS-4 prescribed under section 42(1) and Rule, 14(1) of the Companies (Prospectus and Allotment of Securities) Rule 2014 and Companies (Share Capital and Debenture) Rules, 2014. (The Company was incorporated on November 7, 1975 under the Companies Act, 1956 (the “Companies Act”) as a private limited company under the name ‘National Hydroelectric Power Corporation Private Limited’. The word ‘private’ was subsequently deleted on September 18, 1976. Our Company was converted into a public limited company with effect from April 2, 1986. The name of the company was changed to ‘NHPC Limited’ with effect from March 28, 2008. ) OFFER LETTER FOR PRIVATE PLACEMENT OF SECURED NON-CUMULATIVE NON CONVERTIBLE REDEEMABLE TAXABLE BONDS (W - SERIES) IN THE NATURE OF DEBENTURES IN 2 TRANCHES W1 & W2. W1 SERIES@ 6.91% p.a. TENOR OF 5 YEARS & W2 SERIES @ 7.35% p.a TENOR OF 10 YEARS, Rs. 50 Lakhs EACH FOR CASH AT PAR AGGREGATING TO Rs. 1500 CRORE & Rs. 750 CRORE respectively (INCLUDING GREEN SHOE OPTION). ISSUE OPENS: 15.09.2017 ISSUE CLOSES: 15.09.2017 LISTING The Bonds are proposed to be listed on WDM Segment of Bombay Stock Exchange. TRUSTEES FOR THE BONDHOLDERS REGISTRAR TO THE ISSUE IDBI Trusteeship Services Ltd., RCMC Share Registry Private Limited Asian Building, Ground Floor, Corporate Office, 17, R. Kamani Marg, Ballard Estate, B-25/1, First Floor, Mumbai – 400 001 Okhla Industrial Area Phase II, New Delhi - 110020. Tel : 011 – 26387320, 26387321, 26387323 Fax : 011 - 26387322 E-mail: [email protected] 1 ARRANGERS TO THE ISSUE Sl. No. Name of Arranger Address of Arranger Contact Details ICICI Tower, NBCC Palace, Kunal Narang Bhimsma Pitamah Marg,New 011- Delhi-110003 42218224/959968482 1. ICICI BANK 7/9891293040 kunal.narang@iciciba nk.com Unit No. 401 & 402, 4th Floor, Niranjan Kawatkar Tower B, Peninsula Business Park, 022- 4th Floor, Tower B, Senapati Bapat 33958009/66521006/ 2. HDFC BANK LTD Marg Lower Parel, Mumbai - 1162/9867602451 400013 niranjan.kawatkar@h dfcbank.com 609 6th Floor, Antriksh Bhawan, Pankaj Agrawal 22 Kasturba Gandhi Marg, 011- Connaught Place, 23739628/999930590 A. K. CAPITAL SERVICES 3. New Delhi-110 001, India 3 LIMITED pankaj.agrawal@akgr oup.co.in 3rd Floor, NBCC Place, ICICI Bank Ashutosh Garg Tower, Pragati Vihar, Bhisham (91 11) 24390025/26, Pitamah Marg,New Delhi-110003. 24369989/90/981044 ICICI SECURITIES 4388 4. PRIMARY DEALERSHIP ashutosh.garg@isecpd LIMITED .com 109/110, Ist Floor, Balrama, Sanjeev Jain Village Parigkhari, Bandra-Kurla 011- TRUST INVESTMENT Complex,Bandra (East), Mumbai- 43554045/46/989907 5. ADVISORS PRIVATE 400051 7799 LIMITED sanjeev.jain@trustgro up.in Treasury (Debt Capital Markets & Premanshu Sharma ET) 011- AXIS Bank Ltd. 43682437/999905507 6. AXIS BANK LIMITED Axis House, 4th Floor, Tower 1, 6 Sector-128, Noida-201304 premanshu.sharma@ axisbank.com 202, Maker Tower 'E' Cuffe Vivek Khurana SBI CAPITAL MARKETS Parade, Mumbai-400005 022-22178300 7. LTD Vivek.Khurana@sbica ps.com A 238, 2nd Floor, Defence Colony, Umesh Khandelwal New Delhi 10024 011-46008585-90 DARASHAW & CO PVT 8. umesh- LTD khandelwal@darasha w.com 2 This taxable bond issue is being made on a private placement basis. It is not and should not be deemed to constitute an offer to the public in general. It cannot be accepted by any person other than to whom it has been specifically addressed. The contents of this Offer Letter for private placement are not transferrable and are intended to be used by the parties to whom it is distributed. It is not intended for distribution to any other person and should not be copied / reproduced by the recipient for any person whatsoever. The information contained in this Offer Letter has certain forward looking statements. Actual result may vary materially from those expressed or implied, depending upon economic conditions, government policies and other factors. Any opinion expressed is given in good faith but is subject to change without notice. No liability is accepted whatsoever for any direct or consequential loss arising from the use of the document. NHPC does not undertake to update this Offer Letter for Private Placement to reflect subsequent events and thus it should not be relied upon without first confirming the accuracy of such events with NHPC. 3 TABLE OF CONTENTS INDEX TITLE PAGE NO. Definition / abbreviations 6-8 Authority to Issue and DISCLAIMER 8-10 1 GENERAL INORMATION 11-59 a & b) Issuer Information and Date of Incorporation i) Name of the Issuer ii) Date of Incorporation iii) CIN No. iv) Registered Office & Corporate Office of the Issuer v) Compliance Officer of the Issuer vi) CFO of the Issuer vii) Arrangers, if any, of the instrument viii) Trustee of the issue ix) Registrar of the issue x) Credit Rating Agency(ies) of the issue xi) Auditors of the Issuer xii) Name of Banker c) A brief summary of the business / activities of the Issuer and its line of business i) Overview d) & e) Organisation Structure & Management of the Company i) Organisation Structure ii) Details of the current directors of the Company iii) Details of change in directors since last 3 years f) Management’s Perception of Risk g) Details of Default h) Details of Willful Defaulter i) Details of Nodal/Compliance Officer of The Company 2(i) TERM SHEET 59-73 2(ii) OTHER PARTICULARS RELATED TO OFFER 73-86 I Corporate guarantee issued by the Issuer along with the name of the counterparty II Details of Commercial Paper III Details of Rest of the borrowing IV Details of all default/s and/or delay in payment of interest and principal of any kind by the Company in the last 5 years V Details of any outstanding borrowings taken / debt securities issued (i) For consideration other than cash, whether in whole or part, (ii) At a premium or discount, or (iii) In pursuance of an option VI Details of Promoters of the Company i) Details of Promoter Holding in the Company as on the latest quarter end VII Abridged version of Audited Consolidated (wherever available) and Standalone Financial Information for last 3 years and auditor qualification, if any. 4 VIII Abridged version of Latest Audited / Limited Review Half Yearly Consolidated (wherever available) and Standalone Financial Information and auditor qualification, if any. IX Any material event / development or change having implications on the financials / credit quality X Name of Debenture Trustee XI Credit rating letter / detailed rating rationale issued by the credit rating agency/ies XII Details of Guarantee / letter of comfort, if any XIII Consent letter from the Debenture Trustee XIV Name of Stock Exchange where debt securities are proposed to be listed XV Other details i) DRR creation – relevant regulations and applicability ii) Issue / Instrument specific regulations – relevant details (Companies Act, RBI guidelines etc.) iii) Application process 3 DISCLOSURE WITH REGARD TO INTEREST OF DIRECTORS, LITIGATION ETC. 86-116 i) Financial or other material interest of Directors, Promoters or Key Managerial Personnel..... ii) Details of litigation and legal action pending or taken by any Ministry or Department of the Government..... iii) Remuneration of Directors..... iv) Related party transactions..... v) Summary of Reservation or Qualification or Adverse remarks of Auditors in the last 5 Financial Years..... vi) Details of any inquiry, inspections or investigation initiated..... vii) Details of acts of material frauds committed….. 4 FINANCIAL POSITION OF THE COMPANY 116-166 a) Capital Structure of NHPC b) & c) Profits of last 3 Years of NHPC d) Summary of Financial Position of NHPC e) Cash Flow Statement of last 3 Years of NHPC f) Change in Accounting Policies g) Key Operational and Financial Parameters h) Debt Equity Ratio prior to and after Issue of Debt Securities i) Project cost and means of financing j) Details of the auditors of the Company k) Details of the Borrowings of NHPC 5 ANNEXURES 1-21 DECLARATION Credit Rating Letter from ICRA LIMITED Credit Rating Letter from CARE RATINGS LIMITED Board resolution & Shareholder’s approval Consent letter from Trustee 5 I .Definition / Abbreviations Issuer Related Terms Term Description Articles of Association or Articles The articles of association of the Company, as amended from time to time Auditors The Joint Statutory Auditors of the Company are 1. M/s Ray and Ray, Kolkata, West Bengal 2. M/s Gupta Gupta and Associates, Jammu, Jammu & Kashmir 3. M/s S N Dhawan and Co. LLP, New Delhi Board or Board of Directors The Board of Directors of the Company Directors The Directors of the Company Memorandum of Association or The memorandum of association of the Company, as amended Memorandum from time to time Promoter The President of India, acting through the Ministry of Power, Government of India Registered Office The registered office of the Company, which, as at the date of this Disclosure Document, is located at NHPC Office Complex, Sector - 33, Faridabad 121 003, Haryana, India Conventional and General Terms Term Description Act or Companies Act The Companies Act, 1956, as amended and/or the Companies Act, 2013, to the extent notified by the Ministry of Corporate Affairs, Government of India as applicable.
Load more

Recommended publications
  • India Capital Markets Experience
    Dorsey’s Indian Capital Markets Capabilities March 2020 OVERVIEW Dorsey’s capital markets team has the practical wisdom and depth of experience necessary to help you succeed, even in the most challenging markets. Founded in 1912, Dorsey is an international firm with over 600 lawyers in 19 offices worldwide. Our involvement in Asia began in 1995. We now cover Asia from our offices in Hong Kong, Shanghai and Beijing. We collaborate across practice areas and across our international and U.S. offices to assemble the best team for our clients. Dorsey offers a full service capital markets practice in key domestic and international financial centers. Companies turn to Dorsey for all types of equity offerings, including IPOs, secondary offerings (including QIPs and OFSs) and debt offerings, including investment grade, high-yield and MTN programs. Our capital markets clients globally range from emerging companies, Fortune 500 seasoned issuers, and venture capital and private equity sponsors to the underwriting and advisory teams of investment banks. India has emerged as one of Dorsey’s most important international practice areas and we view India as a significant market for our clients, both in and outside of India. Dorsey has become a key player in the Indian market, working with major global and local investment banks and Indian companies on a range of international securities offerings. Dorsey is recognized for having a market-leading India capital markets practice, as well as ample international M&A and capital markets experience in the United States, Asia and Europe. Dorsey’s experience in Indian capital markets is deep and spans more than 15 years.
    [Show full text]
  • NHPC Limited: Ratings Reaffirmed
    July 09, 2021 NHPC Limited: Ratings reaffirmed Summary of rating action Previous Rated Amount Current Rated Amount Instrument* Rating Action (Rs. crore) (Rs. crore) Long term bonds programme 6,710.41 6,710.41 [ICRA]AAA(Stable) reaffirmed [ICRA]AAA(Stable) reaffirmed and Long term bonds programme 2,039.59 - withdrawn Total 8,750.0 6,710.41 *Instrument details are provided in Annexure-1 Rationale ICRA’s rating reflects NHPC Limited’s (NHPC) established position in India’s hydropower generation sector, its significant scale of operations and strategic importance to the Government of India (GoI) as reflected in GoI’s shareholding of 70.95% as on March 31, 2021. ICRA also favourably notes the competitive tariff level for the company’s power plants and strong operating efficiencies as reflected in its plant availability factor (PAF) over the years. The rating continues to reflect the low business risk for the company’s operational portfolio arising out of cost-plus tariff mechanism applicable for its hydel power generating stations and superior operational efficiency levels, ensuring regulated returns. Further, the rating continues to factor in the healthy track record of power generation from operational hydel power projects aided by a favourable hydrology. The company’s credit profile is also supported by a favourable capital structure as reflected in a debt-to-equity ratio of 0.71 times on a consolidated basis (0.80 times on standalone basis) and strong liquidity as reflected in cash and bank balances of Rs. 2,257 crore on a consolidated basis (Rs. 914 crore on a standalone basis), as on March 31, 2021.
    [Show full text]
  • NTPC Limited and BPDP on Build, Own and Operate Basis
    Name of the Issue: NTPC 1Type of issue (IPO/ FPO) FPO 2 Issue size (Rs cr) 8,480.10 3 Grade of issue alongwith name of the rating agency Not applicable* * Grading applicable only for initial public offerings, as per ICDR and other applicable regulations 4 Subscription Level (Number of times) 1.24* Source: Final Post Issue Monitoring Report. * The above figure is net of cheque returns, but before technical rejections; Amount of subscription includes all bids received at Employee price of Rs 191 for eligible Employees, at floor price of Rs 201 for Retail Category and Non Institutional Category and above Floor Price of Rs 201 per equity share, at clearing price of Rs. 202 per equity share received from QIBs 5 QIB Holding (as a % of outstanding capital) Particulars % (i) allotment in the issue - Feb 18, 2010 (1) 4.53% (ii) at the end of the 1st Quarter immediately after the listing of the issue (March 31, 2010) (2) 11.59% (iii) at the end of 1st FY (March 31, 2010) (2) 11.59% (iv) at the end of 2nd FY (March 31, 2011) (2) 11.84% (v) at the end of 3rd FY (March 31, 2012) (2) 11.68% Source: (1) Basis of Allotment. Excludes pre-issue holding by QIBs. (2) Clause 35 Reporting with the Stock Exchanges. Represents holding of "Institutions" category. 6 Financials of the issuer (Rs. Crore) Parameters 1st FY (March 31, 2010) 2nd FY (March 31, 2011) 3rd FY (March 31, 2012) Income from operations* 50,163. 3 59,505.4 65,893.7 Net Profit for the period 8,837.
    [Show full text]
  • Diversification on the Cards for Indian State-Owned Enterprises
    1 Vibhuti Garg, Energy Economist December 2019 Diversification on the Cards for State-Owned Enterprises State-Owned Enterprises Going Green for Growth and to Stay Relevant The Indian Central Government is leading the country in the adoption of clean renewable energy, driving the uptake and the building of new capacity by state- owned enterprise (SOEs), through learning by doing. The ambition is clear. The country had already installed 83 gigawatts (GW) of renewable energy capacity as of October 2019,1 an 80% increase in less than three years. India has also put forward a target of 175GW of variable renewable energy by 2022 to 450GW by 2030, in a bid to clean up the air in its cities and lessen the economy’s rapidly growing dependence on imported fossil fuels. Currently, thermal power plant developers in India are under huge pressure. Existing plants are being underutilised, with the plant load factor (PLF) sitting below 60% over the past two years. Further stress is being caused by Thermal power plant excessive financial leverage, fuel supply developers in India are disruptions, issues in securing competitively under huge pressure. priced power purchase agreements (PPAs), and payment delays, which all together ensures debt servicing is extremely difficult. In contrast, falling renewable energy prices have led to a recent increase in privately funded renewable projects. The favourable addition of priority grid access, exemption from transmission charges, and increased renewable targets, have further boosted this optimistic sector. Transitioning of Energy Investment in India Energy investment by SOEs in India – also called public sector undertaking (PSU) or public sector enterprise (PSE) – has so far largely focused on fossil fuel production.
    [Show full text]
  • NHPC LTD. (A Govt. of India Enterprise) TENDER DOCUMENT for Purchase of Spares of Two No of 3000 LPH, CEE DEE Make Transformer O
    NHPC LTD. (A Govt. of India Enterprise) TENDER DOCUMENT FOR Purchase of Spares of Two no of 3000 LPH, CEE DEE make Transformer oil Filtration plant Tender Specification No._NH/DG/PCS/1507/120 dated 22/06/18 SECTION – 0 NOTICE INVITING TENDER (NIT) एन एच पी सी लिलिटेड NHPC LIMITED (A Govt. of India Enterprise) Procurement Contract Services Dhauliganga Power Station, Tapovan, Dharchula-PIN 262545 CIN: L40101HR1975GOI032564 SECTION–0: NOTICE INVITING E-TENDER (NIT) (Domestic Open Competitive Bidding) Online electronic bids (e-tenders) under two cover system are invited on behalf of NHPC Limited (A Public Sector Enterprise of the Government of India) from domestic bidders registered in India. Purchase of Spares of Two no of 3000 LPH, CEE DEE make Transformer oil Filtration plant Tender Specification No.:( NH/DG/PCS/1507/2018/120 ) Tender document can be viewed and downloaded from NHPC Limited website www.nhpcindia.com and Central Public Procurement Portal (CPPP) at https://eprocure.gov.in/eprocure/app. The bid is to be submitted online only on https://eprocure.gov.in/eprocure/app up to last date and time of submission of bids. Sale of hard copy of tender document is not applicable. 1.0 Brief Details & Critical Dates of Tender: 1.1 Brief Details of Tender: S. Item Description No. Purchase of Spares of Two no of 3000 LPH, CEE (i) Name of work DEE make Transformer oil Filtration plant (ii) Tender Specification No. NH/DG/PCS/1507/2018/120 (iii) Mode of tendering e-procurement system (Open Tender) (iv) Tender ID 2018_NHPC_351819 (v) Cost of bidding document Rs 590/- in the form of Crossed Demand Draft in favour of “NHPC Limited” payable at SBI DHARCHULA.
    [Show full text]
  • Annual Report 2018-19
    43rd ANNUAL REPORT 2018-19 CORPORATE VISION To be a global leading organization CORPORATE MISSION for sustainable development of clean power through competent, To achieve excellence in development of responsible and clean power at international standards. innovative values. To execute & operate projects through efficient and competent contract management and innovative R&D in environment friendly and socio-economically responsive manner. To develop, nurture and empower the human capital to leverage its full potential. To practice the best corporate governance and competent value based management for a strong corporate identity and showing concern for employees, customer, environment and society. To adopt & innovate state-of-the-art technologies and optimize use of natural resources through effective management. Shri Balraj Joshi, CMD (centre), Shri Ratish Kumar, Director (Projects) (2nd from left), Shri N. K. Jain, Director (Personnel) (2nd from right), Shri M. K. Mittal, Director (Finance) (extreme left) and Shri Janardan Choudhary, Director (Technical) (extreme right) during the Analyst Meet at Mumbai on 30th May, 2019 Annual Report 2018-19 NHPC Digest of Important Financial Data (Five Years) ..................................................................... 2 Reference Information ......................................................................................................... 3 Letter to Shareholders ......................................................................................................... 5 NHPC’s Performance
    [Show full text]
  • Taking Over of Equity Share of PTC in CVPPPL by NHPC Limited ~: NHPC L I M I Ted~ CVPPPL # PTC Cfi'l' ~ ~M Cl;" ~Cl;"~
    tPrtriftft~ Fcrt rn~s (~ '<N <t> I'< <ITT ~) NHPC Limited (A Government of India Enterprise) ~/Phone :________________ _ ~ ~./Ref. No. ________________ _ ~I Date :________________ _ NH/CS/199 11.02.2021 Manager General Manager The Listing Department, The Listing Department M/s BSE Limited, M/s National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Da lal Street, Exchange Plaza, Sandra Kurla Complex, Sandra Mumbai-400001 (E), Mumbai- 400051 ~ . Qf+C:a1 ~ . ~ . f(>)f+C:a 1 ~ . ~Q~?: s ~lal(>!" Rfcn Q CFH =cl "1 ~ ~ Q ~ ?:s fer . ~ . crcrn- . ~ $ , QCf'fi:c)0j ~ . 6fTw ~ q;)'J=Cc'lCf'fi , 6fTw (~) , ~ ~-400 001 ~ - 4 00051 ~ Seri Code: 533098 Seri Code: NHPC ISIN No. INE848E01016 Sub: Taking over of equity share of PTC in CVPPPL by NHPC Limited ~: NHPC L i m i ted~ CVPPPL # PTC cfi'l' ~ ~M cl;" ~cl;"~# S ir s~ . In compliance to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Reg ulations, 2015, it is to inform that Board of Directors in its meeting held today i.e. Thursday, February 11, 2021 has approved the proposal for taking over of 2% equity share of PTC India Limited (PTC) in Chenab Valley Power Projects Private Limited (a Joint Venture Company between NHPC Limited (49%), Jammu and Kashmir State Power Development Corporation Limited (49%) and PTC (2%)) by NHPC Limited subject to approval of Ministry of Power, Govt. of India. The details required to be disclosed as per SEBI circular dated 09.09.2015 is enclosed at Annexure-1. This is for your record and information. ~ ~ ~ 3ITT- "1 1o=t<h lfl ~ ~ 61 ~I ~ 4l1iii&1ii : ~ ~ qt ~ 3fffiITT:r ¢1iqJ\cr<1, ~-33 , 45tl~ 1 t1 1 ~ - 121 003, t:Rii1011 Regd .
    [Show full text]
  • Financial Committees (2014-2015)
    FINANCIAL COMMITTEES (2014-2015) (A REVIEW) PUBLIC ACCOUNTS COMMITTEE ESTIMATES COMMITTEE AND COMMITTEE ON PUBLIC UNDERTAKINGS LOK SABHA SECRETARIAT NEW DELHI September, 2015/Bhadrapada, 1937 (Saka) PAC No. 2056 Price : ` 95.00 © 2015 BY LOK SABHA SECRETARIAT Published under Rule 382 of the Rules of Procedure and Conduct of Business in Lok Sabha (Fifteenth Edition) and printed by the General Manager, Government of India Press, Minto Road, New Delhi-110 002. CONTENTS PAGE PREFACE ......................................................................................... (iii) CHAPTER I Public Accounts Committee ............................................. 1 CHAPTER II Estimates Committee ........................................................ 9 CHAPTER III Committee on Public Undertakings .................................. 17 APPENDICES I. Composition of the Public Accounts Committee (2014-15) 21 II. Subjects selected by the Public Accounts Committee for Examination (2014-15) ........................................................ 22 III. Composition of the Sub-Committees of Public Accounts Committee (2014-15) .......................................................... 31 IV. Statement showing the details of the dates and duration of the sittings of the Public Accounts Committee (2014-15) [Main Committee] .............................................................. 33 V. Statement showing the number of sittings attended by each Member of the Public Accounts Committee (2014-15) [Main Committee] .............................................................
    [Show full text]
  • Top Public Sector Companies
    Top Public Sector Companies Air India Bharat Coking Coal Limited Bharat Dynamics Limited Bharat Earth Movers Limited Bharat Electronics Limited Bharat Heavy Electricals Ltd. Bharat Petroleum Corporation Bharat Refractories Limited Bharat Sanchar Nigam Ltd. Bongaigaon Refinery & Petrochemicals Ltd. Broadcast Engineering Consultants India Ltd Cement Corporation of India Limited Central Warehousing Corporation Chennai Petroleum Corporation Limited Coal India Limited Cochin Shipyard Ltd. Container Corporation Of India Ltd. Cotton Corporation of India Ltd. Dredging Corporation of India Limited Engineers India Limited Ferro Scrap Nigam Limited Food Corporation of India GAIL (India) Limited Garden Reach Shipbuilders & Engineers Limited Goa Shipyard Ltd. Gujarat Narmada Valley Fertilizers Company Limited Haldia Petrochemicals Ltd Handicrafts & Handloom Exports Corporation of India Ltd. Heavy Engineering Corp. Ltd Heavy Water Board Hindustan Aeronautics Limited Hindustan Antibiotics Limited Hindustan Copper Limited Hindustan Insecticides Ltd Hindustan Latex Ltd. Hindustan Petroleum Corporation Ltd. Hindustan Prefab Limited HMT Limited Housing and Urban Development Corporation Ltd. (HUDCO) IBP Co. Limited India Trade Promotion Organisation Indian Airlines Indian Oil Corporation Ltd Indian Rare Earths Limited Indian Renewable Energy Development Agency Ltd. Instrumentation Limited, Kota Ircon Internationl Ltd. ITI Limited Kochi Refineries Ltd. Konkan Railway Corporation Ltd. Krishna Bhagya Jala Nigam Ltd Kudremukh Iron Ore Company Limited Mahanadi
    [Show full text]
  • Press Release NHPC Limited
    Press Release NHPC Limited July 06, 2020 Rating Instruments Amount (Rs. crore) Ratings11 Rating Action CARE AAA; Stable Long –Term Bonds (U Series) 900.00 Reaffirmed (Triple A; Outlook Stable) 1,785.00 CARE AAA; Stable Long–Term Bonds (V Series) Reaffirmed (reduced from 1,940.00) (Triple A; Outlook Stable) 1,352.01 CARE AAA; Stable Long–Term Bonds (T Series) Reaffirmed (reduced from 1,474.92) (Triple A; Outlook Stable) 732.50 CARE AAA; Stable Long–Term Bonds (S Series) Reaffirmed (reduced from 824.00) (Triple A; Outlook Stable) CARE AAA; Stable Long–Term Tax Free Bonds 1,000.00 Reaffirmed (Triple A; Outlook Stable) 738.50 CARE AAA; Stable Long–Term Bonds (Q Series) Reaffirmed (reduced from 844.00) (Triple A; Outlook Stable) 1,650.00 CARE AAA; Stable Long–Term Bonds (W Series) Reaffirmed (reduced from 1,950.00) (Triple A; Outlook Stable) 1,500.00 CARE AAA; Stable Long–Term Bonds (X Series) Reaffirmed (reduced from 2,000.00) (Triple A; Outlook Stable) Long term instruments – GoI CARE AAA; Stable 2,017.20 Reaffirmed fully serviced bonds (Triple A; Outlook Stable) CARE AAA; Stable Long–Term Bonds (AA Series) 2,000.00 Reaffirmed (Triple A; Outlook Stable) CARE AAA; Stable Long–Term Bonds (AB Series) 1,000.00 Reaffirmed (Triple A; Outlook Stable) 14,675.21 (Rupees Fourteen Thousand Six Total Hundred Seventy Five crore and Twenty One Lakh only) Details of instruments/facilities in Annexure-1 Detailed Rationale & Key Rating Drivers The rating of NHPC Limited (NHPC) continues to derive strength from its established position as India’s largest hydro power producer with geographical diversity of sales, majority ownership by the Government of India (GoI) with financial and management support.
    [Show full text]
  • Power Finance Corporation Limited
    RED HERRING PROSPECTUS Please read Section 60B of the Companies Act, 1956 Book Built Issue Dated April 25, 2011 POWER FINANCE CORPORATION LIMITED Our Company was incorporated in New Delhi on July 16, 1986 under the Companies Act, 1956, as amended (the “Companies Act”), as a public limited company. Registered Office: ‘Urjanidhi’, 1, Barakhamba Lane, Connaught Place, New Delhi 110 001, India Tel: +91 (11) 2345 6000 Fax: +91 (11) 2341 2545 For information on change in the registered office of our Company, see section titled “History and Certain Corporate Matters” on page 133. Company Secretary and Compliance Officer: Mr. J.S. Amitabh Tel: +91 (11) 2345 6740 Fax: +91 (11) 2345 6786 E-mail: [email protected]: www.pfcindia.com. PROMOTER : PRESIDENT OF INDIA, ACTING THROUGH THE MINISTRY OF POWER, GOVERNMENT OF INDIA FURTHER PUBLIC ISSUE OF 229,553,340 EQUITY SHARES OF FACE VALUE OF ` 10 EACH (“EQUITY SHARES”) OF POWER FINANCE CORPORATION LIMITED (“POWER FINANCE”, “OUR COMPANY” OR “THE ISSUER”) FOR CASH AT A PRICE OF ` [•] PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF ` [•] PER EQUITY SHARE) AGGREGATING ` [•] MILLION* (THE “ISSUE”). THE ISSUE COMPRISES A FRESH ISSUE OF 172,165,005 EQUITY SHARES BY OUR COMPANY (THE “FRESH ISSUE”) AND AN OFFER FOR SALE OF 57,388,335 EQUITY SHARES BY THE PRESIDENT OF INDIA ACTING THROUGH THE MINISTRY OF POWER, GOVERNMENT OF INDIA (THE “SELLING SHAREHOLDER”) (THE “OFFER FOR SALE”). THE ISSUE COMPRISES A NET ISSUE TO THE PUBLIC OF 229,277,876 EQUITY SHARES (THE “NET ISSUE”) AND A RESERVATION OF NOT MORE THAN 275,464 EQUITY SHARES FOR SUBSCRIPTION BY ELIGIBLE EMPLOYEES (AS DEFINED HEREIN) (THE “EMPLOYEE RESERVATION PORTION”).
    [Show full text]
  • Loan Against Securities – Approved Bonds
    Loan against securities – Approved Bonds ISIN Bond Name Margin INE134E07190 POWER FINANCE CORPORATION LTD 30 INE261F07040 NABARD 30 INE031A07832 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 30 INE031A07857 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 30 INE031A07873 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 30 INE031A07907 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 30 INE031A07931 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 30 INE031A07964 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 30 INE031A07998 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 30 INE031A07949 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 35 INE031A07923 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 45 INE031A07956 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 45 INE031A07980 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 45 INE787H07396 INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 40 INE031A07865 HOUSING AND URBAN DEVELOPMENT CORPORATION LTD 30 INE031A07972 HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED 40 INE031A07AA4 HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED 40 INE053F07538 INDIAN RAILWAY FINANCE CORPORATION LIMITED 30 INE053F07744 INDIAN RAILWAY FINANCE CORPORATION LIMITED 40 INE906B07EP5 NATIONAL HIGHWAYS AUTHORITY OF INDIA 35 INE031A07AB2 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 45 INE031A07AH9 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 45 INE031A07AF3 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 30 INE031A07AC0 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 30 INE031A07AM9 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 45 INE031A07AS6 HOUSING AND URBAN DEVELOPMENT CORP. LTD. 30 INE031A07AL1 HOUSING AND URBAN DEVELOPMENT
    [Show full text]