NHPC Limited — Others, 10-12-2024: Security Cover Certificate

NHPC Limited has announced a board meeting to discuss the asset cover certificate for its listed debt securities as of September 30, 2024. The total book value of assets pledged as security amounts to ₹22,846.25 crore, including significant contributions from power stations like Parbati-II (₹11,691.89 crore) and Uri-I (₹1,202.67 crore). The independent auditor confirms that NHPC has complied with all covenants associated with its debt securities for the September quarter. This certification may enhance investor confidence by demonstrating NHPC's robust asset backing relative to its liabilities, presenting a positive outlook for its financial stability.