Page 3 - Nhpc

Power Finance Corp inks pact with NHPC to finance hydro projects

State-owned Power Finance Corporation Ltd (PFC) on Tuesday said it has signed a pact with NHPC Ltd to lend funds for the development of hydro projects.

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SBI Cards and Payment Services (SBI Card) on Monday said it has raised Rs 500 crore by issuing bonds

With an edge over private players, power PSUs put capex above reducing debt

Better debt ratios, regulatory comfort place NTPC, NHPC at an advantage over private players

State-owned NHPC net profit rises 80% to Rs 464 crore in March quarter

Electricity generation is the principal business activity of the group, and its primary source of revenue is from generation and sale of hydroelectricity.

NHPC pays Rs 891 cr to govt as interim dividend for financial year 2020-21

State-owned hydropower giant NHPC on Friday said it has paid Rs 890.85 crore as an interim dividend to the Centre for the financial year ending March 31, 2021. NHPC Chairman and Managing Director A K Singh handed over dividend payout advice to Minister of State for Power and New & Renewable Energy R K Singh in the presence of Power Secretary Alok Kumar and other senior officials of the ministry and NHPC, the company said in a statement. "NHPC has paid an interim dividend of Rs 890.85 crore to Government of India for the financial year 2020-21 on March 5, 2021," it said. The company further said it has recorded a net profit of Rs 2,829.16 crore for the nine months ended December 2020, against the previous period corresponding figure of Rs 2,624.26 crore. The company had earned a net profit of Rs. 3,007.17 crore for the financial year 2019-20.

NHPC reports 50% rise in net profit to Rs 961 crore for Dec quarter

State-owned hydropower giant NHPC reported a 50 per cent rise in its consolidated net profit to Rs961.64 crore for the December quarter.

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The government will sell up to 10% stake in SAIL via OFS on January 14-15

NHPC net profit down 11% to Rs 1,300 crore in September quarter

The company's primary source of revenue is from generation and sale of hydroelectricity

NHPC board approves merger of Lanco Teesta VI hydro power project

The project will supply power at a levelised tariff of Rs 4.07 per unit and is likely to be completed in the next four years

NHPC reports over 13% decline in net profit at Rs 855 cr in June quarter

NHPC reported over 13 per cent dip in its consolidated net profit to Rs 855.49 crore for the quarter ending June due to a rebate of Rs 185 crore given to discoms in view of Covid-19 situation

Lockdown will bring more focus on hydropower, fuel our expansion: NHPC CMD

NHPC has five hydropower projects with an installed capacity of 4924 MW under construction

NHPC conducts e-reverse auction for 2000 MW solar project amid lockdown

The bidding was undertaken on April 16 under the e-reverse auction method where the bidder quoting the lowest tariff is awarded the project.

Abhay Kumar Singh takes over as NHPC CMD, replaces Ratish Kumar

State-run hydro power giant NHPC on Monday announced appointment of Abhay Kumar Singh as the company's Chairman & Managing Director from February 24, 2020. It is to inform that pursuance to Ministry of Power on February24, 2020, S Abhay Kumar Singhhas assumed the charge of Chairman and Managing Director of the company on February 24, 2020 till the date of his superannuation i.e. August 31, 2022, or until further orders, whichever is earlier in place of Ratish Kumar who was holding additional charge of the post of Chairman & Managing Director in addition to his duties as Director (Projects), NHPC said in a statement.

NHPC Q2 profit rises 33% to Rs 1,457 cr on higher revenue, income grows YoY

Its consolidated net profit was Rs 1,093.22 crore in the quarter ended on September 30, 2018, a BSE filing said.

NHPC to get Rs 4,500-cr loan from PFC, REC to revive Lanco Teesta project

The company has also put in an expression of interest for Jal Power, another insolvent hydropower unit with a capacity of 120 Mw in Sikkim

NHPC gets debt commitment of Rs 4,500 cr from PFC, REC for Teesta project

The project will be implemented at an estimated project cost of Rs 5,748 crore which includes the bid amount

NHPC to cancel 2520 Mw bids under power purchase agreement over high tariff

State-owned NHPC Limited conducted the second round, which saw lowest tariff of Rs 4.41/unit by 25 companies

NHPC's takeover plan of crisis-hit Teesta-VI hydro power unit faces hiccups

NHPC is also looking at more stressed hydro units but only through the NCLT route

NHPC plans 100Mw solar park in Odisha; invites bids from EPC contractors

NHPC has already commissioned a 50 Mw solar project in Tamil Nadu and another wind power project of equal capacity in Jaisalmer, Rajasthan

NHPC to be 10-Gw company by 2022, plans Rs 3,800-cr capex for next FY

Company is looking at more stressed assets like JAL Power unit in Sikkim