Under the second term of Congress-led UPA government, Mumbai based NHPC would list its shares on the stock exchanges on September 1.

It would be the first public sector firm to be available for trade.

The statement issued by the Bombay Stock Exchange (BSE) said, “From September 1, the equity shares of NHPC Ltd shall be listed and admitted to dealing in the exchange.”

The issue price of NHPC shares has been fixed at Rs 36 per share.

The government run power producer lifted Rs 6000 crore during its IPO (initial public offer), which closed on August 12. The government is the individual promoter of the company as it has over one-third stake in it.

IPO’s profit would be used by the NHPC to arrange finance for its ongoing 11 projects. It also plans to establish 14, 000 MW of power by 2020.