NHPC net profit falls 14.68% to Rs 34.12 billion in FY25
Author: PPD Team Date: May 26, 2025
Author: PPD Team Date: May 26, 2025
NHPC Limited reported a standalone net profit of Rs 34.12 billion in 2024-25, down 14.68% from Rs 39.99 billion in the previous year. The decline was partly due to one-time provisions and arbitration-related expenses.
Total income rose 6.69% to Rs 117.29 billion, up from Rs 109.94 billion in 2023-24. Revenue from operations stood at Rs 89.94 billion.
For Q4 FY25, NHPC posted a net profit of Rs 8.94 billion. Total expenses for the year reached Rs 67.14 billion.
The Board recommended a final dividend of Rs 0.51 per share, in addition to the Rs 1.40 interim dividend paid in March 2025. This brings the total dividend for the year to Rs 1.91 per share.
Author: PPD Team Date: July 7, 2025 KPI Green Energy Limited has incorporated a new special purpose vehicle (SPV), KPIN Clean Power Two LLP, on June 28, 2025. The SPV has been formed to implement renewable energy (RE) projects across India. The new entity will be involved in generating, developing, transmitting, and supplying power using solar, wind, or other renewable sources. It will also have the capacity to sell electricity on a commercial basis and…
Author: PPD Team Date: November 21, 2024 The Saudi Power Procurement Company (SPPC) has signed power purchase agreements (PPAs) for five independent power producer (IPP) projects, totalling 9.2GW in capacity, as reported by Zawya. The projects include thermal and solar photovoltaic (PV) power initiatives, with a combined investment of 35 billion Saudi riyals ($9.3 billion), supporting Saudi Vision 2030 goals for a balanced energy mix. The thermal projects, Rumah 1 and 2 and Nairyah 1…
Author: PPD Team Date: March 10, 2025 Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder for the “Transmission system strengthening at Kurnool-III PS for integration of additional RE generation projects.” The project, awarded through Tariff-Based Competitive Bidding (TBCB), will be executed on a build, own, operate, and transfer (BOOT) basis. POWERGRID received the Letter of Intent (LoI) on March 6, 2025. The Special Purpose Vehicle (SPV) for the project is…
Author: PPD Team Date: January 23, 2025 Lhyfe and Masdar have signed a Memorandum of Understanding (MoU) to explore the co-development of large-scale green hydrogen production projects in Europe. This partnership will identify collaboration and investment opportunities across the green hydrogen value chain, combining the strengths of both companies to drive innovation and growth in the sector. In October 2024, Lhyfe also signed an MoU with KEYOU to advance hydrogen mobility in Germany and Europe….
Author: PPD Team Date: November 21, 2024 Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has established two wholly-owned subsidiaries to act as special purpose vehicles (SPVs) for developing interstate transmission system (ISTS) schemes under the tariff-based competitive bidding (TBCB) mechanism. According to a stock exchange filing by REC Ltd, the parent company of RECPDCL, the SPVs were incorporated on November 18, 2024: WRNES Talegaon Power Transmission Ltd: Focused on network expansion in…
Author: PPD Team Date: February 21, 2025 The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the grant of environmental clearance (EC) for the Uri-I Stage II Hydro Electric Project. The recommendation was made during its meetings on January 29, 2025. NHPC Limited will implement the 240 MW project in Uri, Boniyar, Kreeri, Baramulla, and Rafiabad sub-districts of Baramulla district, Jammu & Kashmir. The project, estimated to…