In reference to our earlier letter of even number dated 01.05.2020 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. Wednesday, May 6, 2020 (commenced at 2.30 P.M and concluded at 4.40 P.M.) has considered and approved the proposal to raise Debt upto Rs 2000 crore during financial year 2020-21 through issuance of Secured, Redeemable, Non-cumulative, Nonconvertible Taxable Corporate Bonds in one or more series/tranches on private placement basis and/or raising of Term loans I External Commercial Borrowings (ECB) in suitable tranches.