NHPC board to discuss monetisation of power station cash flows on April 14

State-owned NHPC Ltd on Thursday (April 9) said it has scheduled a board of directors meeting on Tuesday, April 14, 2026, to consider the proposal for monetisation of future cash flows (return on equity) from one or more of its power stations.

The monetisation is planned for a suitable tenure in a single tranche during the financial year 2026-27. The board’s decision will be taken in its meeting scheduled at NHPC’s office in Faridabad, Haryana.

Last month, NHPC Ltd said it has approved a borrowing plan of up to ₹8,000 crore for FY27. The company’s board, in a meeting held on March 25, cleared a proposal to raise debt through a mix of secured or unsecured, redeemable, taxable, non-cumulative, non-convertible corporate bonds in one or more tranches via private placement.

Also Read: NHPC shares in focus on likely Cabinet discussion on hydro projects

NHPC may also raise funds through term loans or external commercial borrowings (ECBs), depending on market conditions.

On the financial front, NHPC posted a 5.2% year-on-year decline in net profit at ₹219 crore for Q3, compared with ₹231 crore in the year-ago period. Revenue slipped 2.9% to ₹2,220 crore from ₹2,286 crore.

Operational performance was significantly weaker, with EBITDA plunging 79.2% to ₹210 crore from ₹1,014 crore a year earlier. Consequently, the EBITDA margin contracted sharply to 9.5% from 44.4% in the corresponding quarter last year.

The company also announced an interim dividend of 14%, or ₹1.40 per equity share of face value ₹10, for the financial year 2025–26.

Also Read: NHPC Q2 Results: Navratna PSU posts 13% profit growth, revenue up 10% YoY

Shares of NHPC Ltd ended at ₹77.10, up by ₹0.43, or 0.56%, on the BSE today, April 9.