NHPC: Board Meeting Outcome for Outcome Of Board Meeting- Proposal For Monetization Of Asset Of The Company

In continuation to our earlier letter of even no. dated 02.12.2021 and in compliance to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 it is to inform that the Board of Directors of NHPC Limited in its meeting held today i.e. Tuesday December 7 2021 (meeting commenced at 4:00 P.M. and concluded at 6:00 P.M.) has inter-alia approved the proposal for monetization by securitization through bidding process of Return on Equity (RoE) of Chamera-I 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.

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