777

NEEPCO-7.55%-10-6-28-PVT

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Analysis

755NEEPC28 analysis



Key facts


Issuer
North Eastern Electric Power Corp. Ltd.
Issue date
Jun 10, 2020
Maturity date
Jun 10, 2028
Outstanding amount
‪5.00 B‬INR
Face value
1,000,000.00INR
Minimum denomination
1,000,000.00INR
Coupon
7.55% (Fixed)
NEEPCO plan, investigate, design, construct, generate, operate & maintain power stations in the North Eastern Region of India under the Ministry of Power, Government of India, NEEPCO is conferred with the Schedule A- Miniratna Category-I CPSE status and operates 7 hydro, 3 thermal and 1 solar power stations with a combined installed capacity of 1457 MW. NEEPCO has one power project under development which is 600 MW Kameng HEP which is scheduled for commissioning within the financial year 2019-20.
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