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THDC India gears up for issuance of Corporate Bond Series-IX

THDC India

On January 5, 2024, THDC India Limited (THDCIL) convened an Arrangers Meet at its New Delhi office, demonstrating the company’s commitment to transparency and collaboration. The event, which was attended by prominent arrangers and investors, demonstrated THDCIL’s dedication as it prepares to issue Corporate Bonds Series-IX on January 12, 2024. 

Sh. J. Behera, Director (Finance), and his staff are actively discussing the company’s future growth trajectory. THDCIL provided a thorough presentation, providing insights into the company’s growth prospects, financial condition, and active projects. This event acted as a critical forum for developing meaningful discourse and informing arrangers and investors about the company’s strategic strategy. 

A major feature was an extended debate on expansion strategies and credit ratings led by Sh. J. Behera, Director (Finance). This interactive discussion shows THDCIL’s dedication to bringing stakeholders up to date on the company’s business and financial strategies. The impending commissioning of projects emerged as a crucial element likely to significantly improve the company’s credit rating, underscoring THDCIL’s commitment to strengthening its financial position and providing greater value to investors. 

Aside from growth prospects and financial problems, guests were informed that the THDCIL Corporate Bonds Series-IX auction will take place on January 12, 2024. This proactive and engaging discussion exemplifies THDCIL’s commitment to establishing beneficial conversations, offering clarity on its financial picture, and keeping lines of communication open with stakeholders. 

THDC India

With an installed capacity of 1587 MW and the commissioning of Tehri Dam & HPP (1000MW), Koteshwar HEP (400MW) in Uttarakhand, Wind Power Projects of 50MW at Patan & 63MW at Dwarka in Gujarat, 24MW Dhukwan Small Hydro Project, Jhansi, Uttar Pradesh, and 50 MW Solar Power Project at Kasaragod, Kerala, THDCIL is one of the country’s premier power generators. 

Sh. Vishnoi further stated that, despite all of the hurdles, commercial operations at THDCIL’s Amelia Coal Mine have already begun, six months ahead of plan, which is a historic achievement. Furthermore, the first 660 MW unit of the 1320 MW Khurja Super Thermal Power Plant (KSTPP) and the first 250 MW unit of the country’s largest 1000 MW Tehri PSP are expected to be commissioned soon, with further Units following in short intervals. This speaks volumes about the Professional and State-of-the-Art processes that THDC is implementing. THDCIL is ready to build on its achievements and strengthen its position in the energy sector.