NHPC's board will meet on December 22 to consider monetizing future cash flow from power stations to fund capital expenditure for the current financial year and beyond.
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.
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.
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