JE, SUPERVISOR, ACCOUTANT

NHPC Limited (formerly known as National Hydroelectric Power Corporation) is an Indian public sector enterprise and a "Navaratna" company of the Government of India.¹ It is a leading organization in the country for the development of hydropower.²

Business and Operations

• Primary Business: NHPC is primarily involved in the generation and sale of bulk power.³ While it was initially focused on hydroelectric power, it has expanded its scope to include other renewable energy sources like solar and wind power.⁴

  
  

• Integrated Approach: NHPC's business model is vertically integrated, covering the entire lifecycle of a project, from initial conceptualization and feasibility studies to design, construction, operation, and maintenance.⁵

  
  

• Revenue Model: The company's main source of revenue comes from the sale of electricity to various state electricity boards and distribution companies through long-term Power Purchase Agreements (PPAs), which provide a stable and predictable income stream.⁶ It also earns revenue from providing project management, construction, and consultancy services.⁷

  
  

• Diversification: NHPC has established a subsidiary, NHPC Renewable Energy Limited (NREL), to specifically focus on the development of renewable energy projects and green hydrogen-based businesses.⁸

  
  

Power Generation Capacity and Projects

• Installed Capacity: As of July 2025, NHPC's total installed capacity is 8247.18 MW (including joint ventures).⁹ This capacity is spread across 23 hydro power stations, five solar power projects, and one wind power project.¹⁰

  
  

• Hydroelectric Focus: NHPC's hydroelectric power generation capacity of 7771.20 MW accounts for approximately 16.21% of India's total installed hydro capacity.¹¹

  
  

• Projects Under Construction: The company and its subsidiaries are currently constructing 16 projects with a total installed capacity of 9789.72 MW, including both hydroelectric and solar projects.¹² Notable projects include the Subansiri Lower HEP and Dibang Multipurpose Project in Arunachal Pradesh, and the Teesta-VI HE Project in Sikkim.¹³

  
  

• Upcoming Projects: NHPC has several other projects under development, including those in the clearance stage and those under survey and investigation.¹⁴

  
  

Financials

• Financial Performance: In the fiscal year 2024-25, NHPC's net profit was ₹3,084 crore, on an income from sale of power of ₹8,920 crore.¹⁵ The company has a history of consistent profit after tax and has been maintaining a healthy dividend payout.¹⁶

  
  

• Investment: NHPC is among the top 10 companies in India in terms of its investment base.¹⁷

  
  

• Shareholding: The Government of India holds a significant stake in the company, with the remaining shares being publicly held.¹⁸ NHPC is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).¹⁹

  *source: google gemini