NTPC HUDCO Raise 1370 Crores

IAS Prelims 2023

NTPC and HUDCO raised Rs 670 crore and Rs 700 crore respectively through issuance of debt securities.

Besides, Power Finance Corporation had raised Rs 2,470 crore by issuing bonds on September 9, 2016.

The platform — BSE Bond — was launched in July to facilitate online bidding for private placement of debt securities.

So far this fiscal, 24 issuers have raised Rs 42,336 crore using the BSE debt platform.