### **Overview** NHPC Limited (National Hydroelectric Power Corporation), incorporated in 1975, is a Mini-Ratna Category-I Central Public Sector Enterprise (CPSE) and India’s largest hydropower development company. A Government of India undertaking with a 70.95% stake, NHPC has over **48 years of experience** in developing and operating renewable energy projects. With a strong in-house technical and engineering foundation, the company is transitioning from its core hydroelectric focus toward a diversified clean energy portfolio encompassing solar, wind, green hydrogen, floating solar, and pumped storage projects. As of **March 31, 2025**, NHPC has a **paid-up share capital of ₹10,045.03 crore** and manages an investment base exceeding ₹87,121.11 crore, underscoring its robust financial strength. Its bonds and loans are rated **'AAA'** (stable outlook) by Indian rating agencies and **'Baa3' by Moody’s**, reflecting its strong creditworthiness. --- ### **Installed Capacity & Portfolio** - **Total Installed Capacity**: **7,144 MW** - **Hydropower**: 6,971 MW - **Solar**: 123 MW - **Wind**: 50 MW - **Operates across 14 Indian states and 2 Union Territories**, with 25 power stations in operation. NHPC accounts for **approximately 15% of India’s total installed hydropower capacity** (6,971 MW out of ~46,850 MW as of March 2023), solidifying its position as a national leader in hydroelectric power. --- ### **Projects Under Construction** NHPC is currently constructing **over 10,402 MW** of hydro and renewable power projects (including through subsidiaries and joint ventures): #### **Key Hydroelectric Projects in Development:** 1. **Dibang Multipurpose Project (2,880 MW)** – Arunachal Pradesh - **Status**: Flagship project; approved February 2023 (CCEA); estimated cost: ₹31,876.39 crore - World’s **tallest concrete gravity dam (278 m)**; will generate **11,223 million units (MU)** annually - Features 12 x 240 MW Francis turbines in an underground powerhouse 2. **Subansiri Lower Hydroelectric Project (2,000 MW)** – Assam & Arunachal Pradesh - **Status**: Under construction; expected commissioning by **September 2026** - 116 m concrete gravity dam; 8 x 250 MW units - Includes India’s longest conveyor bridge (300 m span) and largest aggregate processing plant (1,200 TPH) 3. **Teesta Stage-VI Hydropower Project (500 MW)** – Sikkim - **Status**: Originally acquired via CIRP in October 2019 from Lanco Teesta Hydro Power Limited (LTHPL); merged into NHPC on **January 27, 2025** - Run-of-river scheme with underground powerhouse and 26.5 m barrage - Expected commissioning: **December 2027**; annual generation: **2,400 MU** 4. **Parbati-II (800 MW)** – Himachal Pradesh - 83.7 m gravity dam; 4 x 200 MW Pelton turbines - Commissioning expected in FY 2024–25 5. **Kiru (624 MW) and Kwar (540 MW)** – Jammu & Kashmir - Implemented through **Chenab Valley Power Projects Limited (CVPPL)** - Commissioning dates: **September 2026 (Kiru)**, **December 2027 (Kwar)** 6. **Bursar Hydroelectric Project (1,000 MW)** – Jammu & Kashmir - Concrete face rockfill dam (167 m); rated head of 397.3 m - Estimated generation: **3,230.18 MU/year**; commissioning targeted for **September 2026** #### **Other Notable Projects:** - **Rangit-IV (120 MW)** – Sikkim - Acquired via CIRP from **Jalpower Corporation Limited (JPCL)** in March 2021 - Commissioned in May 2025; surface powerhouse with 3 x 40 MW units --- ### **International Presence** NHPC has successfully commissioned projects abroad: - **14.1 MW Devighat Hydropower Plant** – Nepal (on deposit basis) - **60 MW Kurichu Project** – Bhutan (on deposit basis) The company has established a presence in **Nepal, Bhutan, Myanmar, Tajikistan, Nigeria, and Ethiopia**, and is actively pursuing further international expansion. Notable developments: - **MoU with Vidhyut Utpadan Company Limited (VUCL), Nepal** for the 480 MW Phukot Karnali Project - **MoU with Ocean Sun (Norway)** to evaluate floating solar opportunities in Nepal and India - Exploring **~3,000 MW projects in Nepal**, including West Seti (750 MW), SR-6 (450 MW), and Sankosh (2,585 MW) --- ### **Renewable Energy & Strategic Diversification** NHPC is rapidly expanding into non-hydro renewables to support India’s goal of **50% electricity from non-fossil fuels by 2030**. #### **Target:** - **15,045 MW of renewable capacity** (14,900 MW directly + 145 MW via JVs) under the MNRE bidding calendar for FY 2024–25 #### **Key Renewable Initiatives:** - **NHPC Renewable Energy Limited (NHPC REL)**: Wholly owned subsidiary established in Feb 2022 to lead solar, wind, pumped storage, and green hydrogen initiatives. - **Floating Solar Projects**: - **88 MW at Omkareshwar Reservoir** (executed by NHDC) - **100 MW at Rengali Reservoir, Odisha** (standalone) - Exploring **300 MW expansion at Rengali** (retendering initiated) - **Solar Projects via Joint Ventures**: - **Bundelkhand Saur Urja Limited (BSUL)**: JV with UPNEDA; 32 MW commissioned, 145 MW under development in Uttar Pradesh - **200 MW solar in Gujarat** (GSECL Solar Park, Khavda) awarded via competitive bidding - **Ultra Mega Renewable Energy Park**: 10 GW proposed in Rajasthan (in partnership with Rajasthan government) #### **Green Hydrogen & Innovation:** - Pilot projects launched: - **25 kWe fuel-cell microgrid in Leh** - **Hydrogen mobility stations in Kargil and Chamba** (supporting H2 buses) - Strategic MoUs with **Bharat Electronics Limited (BEL)** to explore **gigawatt-scale solar PV module manufacturing** - Renewable Energy Division relocated to **Ahmedabad** to leverage Gujarat’s clean energy potential --- ### **Pumped Storage Projects (PSPs) – Future Growth Driver** NHPC views pumped storage as a critical component of grid balancing and long-duration energy storage. The company is pursuing: - **Approx. 16,045 MW of PSP capacity** across Maharashtra, Madhya Pradesh, Odisha, Andhra Pradesh, Gujarat, Tripura, and Punjab - **MoU signed with Maharashtra** to develop PSPs integrated with solar, wind, and hybrid systems - **ANGEL (APGENCO NHPC Green Energy Limited)**: Joint venture with Andhra Pradesh Power Generation Corporation to develop PSP and renewable projects --- ### **Power Trading & Market Participation** - Holds **Category-I license from CERC** for interstate electricity trading - Registered on **DEEP e-bidding portal**, with memberships on **Indian Energy Exchange (IEX)** and **Power Exchange of India Limited (PXIL)** - Acts as **Intermediary Procurer** for 2,000 MW solar power under ISTS scheme; signed PPAs with developers including Adani Solar, O2 Power, and Avada Sunrays - Power trading expected to generate **₹35 crore annually** for 25 years --- ### **Core Strengths & Competitive Advantage** 1. **End-to-End Capabilities**: Full lifecycle management from conception to commissioning and O&M. 2. **In-House Expertise**: - Dedicated **Design & Engineering Division** - Advanced geophysical techniques: **Seismic Tomography, Electrical Resistivity Imaging, Ground Penetrating Radar** — **only hydro utility in India** with such full in-house technical depth - State-of-the-art **rock mechanics testing lab** and **remote sensing & GIS lab** 3. **Expert Team**: Seasoned professionals with decades of experience, including: - **Shri Raj Kumar Chaudhary**, Director (Technical): Instrumental in Teesta-V, Mangdechhu, and Kalpong projects - **Shri Yamuna Kumar Chaubey**, former Director (Technical): IIT Kharagpur alumnus with 34+ years in contracts and engineering 4. **Success in CIRP Acquisitions**: Strategic entry into stranded projects: - **LTHPL (Teesta-VI, 500 MW)** and **JPCL (Rangit-IV, 120 MW)** acquired and successfully revived --- ### **Technology & R&D** - Conducts **topographical surveys** using DGPS, 3D laser scanners, and drones across 40+ projects and 40,000+ hectares - Collaborates with **IITs (Roorkee, Kanpur, ISM Dhanbad)** on Himalayan-specific seismic design, tunnel safety, and geohazard modeling - Two R&D projects underway: - Seismic tomography for tunnel risk mitigation - Development of region-specific design standards using accelerograph data