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THDCIL Gears Up for Corporate Bond Series-IX Issuance

Rishikesh, 08-01-2024: THDC India Limited (THDCIL), a leading power sector PSU, is set to issue Corporate Bond Series-IX on January 12, 2024. The company recently organized an Arrangers Meet in New Delhi, emphasizing transparency and collaboration. Sh. J. Behera, Director (Finance), led discussions on THDCIL’s growth trajectory, financial standing, and ongoing projects, fostering meaningful dialogue with arrangers and investors.

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The event highlighted the company’s commitment to keeping stakeholders well-informed about its strategic direction. Notable discussions on expansion strategies and credit ratings showcased THDCIL’s dedication to stakeholder confidence.

The imminent commissioning of projects is expected to enhance the company’s credit rating. Sh. R. K. Vishnoi, Chairman and Managing Director, reaffirmed THDCIL’s commitment to informing stakeholders and emphasized the proactive and engaging nature of the meeting.

Despite challenges, THDCIL’s achievements include the early commencement of Commercial Operations at the Amelia Coal Mine and progress on major power projects, showcasing the company’s state-of-the-art practices. Positioned as a premier power generator, THDCIL’s commitment to achieving 24×7 affordable power aligns with its growth and diversification strategies across various energy sources.

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