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

NHPC Limited has issued a Security Cover Certificate confirming that the company’s assets provide coverage of more than one times the outstanding principal and interest on its listed debt securities as of 30th September 2024. Key figures indicate total assets valued at ₹17,091.37 crore against debt securities of ₹2,866.02 crore, highlighting a strong asset backing.

This certification reassures stakeholders regarding the company’s financial stability and compliance with debt covenants, potentially enhancing investor sentiment. The positive outlook stems from its robust asset coverage, suggesting reduced risk for existing and prospective investors as the company continues its operational and financial commitments effectively.