Rishikesh, 07-09-2023: THDCIL convened a crucial meeting on 4th sept 23 with its esteemed arrangers and investors, underscoring its commitment to transparency and collaboration in preparation for an imminent Bond issuance. During this session, the company presented a comprehensive overview of its growth prospects and financial position. The gathering served as an essential platform for engaging in meaningful dialogue with our valued arrangers and investors, fostering a deeper understanding of our strategic direction. The highlights of this meeting were extensive discussions and fruitful interaction of THDC Team led by Sh. J. Behera, Director (Finance), who addressed a myriad of queries pertaining to our expansion strategies and credit rating. Such interactive exchange exemplifies our dedication to keep our stakeholders well-informed and inspire confidence in our Financial strategies. Sh. Behera informed that the imminent commissioning of our upcoming projects are expected to result in a substantial enhancement of the company's credit rating. This development underscores our commitment to strengthening our financial standing and providing enhanced value to our investors. In addition to these discussions, the meeting also focused on identifying an optimal date for the forthcoming bond bidding process. This meeting symbolizes our proactive approach to fostering productive interactions and providing clarity on our financial outlook. Sh. R. K. Vishnoi, CMD, highlighting the significance of this meeting stated that THDC has state-of-art expertise in the development of all verticals of Hydro Sector with excellent performance in construction of Mega Hydro Projects, as well as outstanding performance in Operation and Maintenance of its commissioned projects. In addition to our core strength in Hydro, THDC is exponentially poised for expansion and diversification in other areas of Renewable Energy such as Wind, Solar while aggressively fostering harnessing of Thermal energy and development of Coal Mines. He stated, that such meetings and Interactive Sessions are integral to the ambitious story of THDC.
