The 1000 MW Pakal Dul Hydroelectric Project in Jammu & Kashmir achieved a major construction milestone on June 10, 2026, with Tunnel Boring Machine (TBM)-1 “Marsu” completing the first breakthrough of Head Race Tunnel-I (HRT-I). The project is being developed on the Marusudar river in Kishtwar district by Chenab Valley Power Projects Private Limited (CVPPL)…
The Government of India, acting through the Ministry of Power as the promoter of NHPC Limited, has exercised the oversubscription option for its Offer for Sale (OFS), increasing the total stake sale from 3% to 6% of NHPC’s paid-up equity share capital. Under the base offer, the government proposed to sell 30,13,51,044 equity shares, representing…
NHPC Limited has commenced construction activities for the 240 MW Uri-I Stage-II Hydro Electric (HE) Project in Uri, Baramulla district of the Union Territory of Jammu & Kashmir. Shri Bhupender Gupta, Chairman and Managing Director (CMD), NHPC, inaugurated the construction works on May 31, 2026, by initiating the first blast for Adit-3A to the Head…
NHPC Limited has commenced construction activities for the 260 MW Dulhasti Stage-II Project in Jammu & Kashmir. Shri Sanjay Kumar Singh, Director (Projects), NHPC, inaugurated the works on May 27, 2026 by taking the first blast for the Adit to Head Race Tunnel (HRT) through the existing Adit. During the event, Singh congratulated officials of…
NHPC Limited has appointed Shri Diwakar Nath Misra as Government Nominee Director on its Board with effect from May 14, 2026. The appointment follows an order issued by the Ministry of Power (MoP) dated May 14, 2026. Shri Misra replaces Shri Mohammad Afzal and will serve until further orders. Shri Misra currently serves as Additional…
SJVN Limited has announced that the Ministry of Power has assigned the additional charge of Director (Projects) to Suprakash Adhikari, who is currently serving as Director (Technical) at NHPC Limited. According to the company, the appointment took effect from May 12, 2026, the date on which Adhikari assumed charge. The Ministry of Power order, issued…
NHPC has informed stock exchanges that its shareholding and voting rights in Chenab Valley Power Projects (CVPPL) have declined from 58.16% to 50.86% following an additional equity infusion by Jammu and Kashmir State Power Development Corporation (JKSPDC). The company clarified that CVPPL will continue to remain a subsidiary of NHPC despite the reduction in stake….
SJVN Limited has appointed Shri Parthajit De, Director (Finance), as Chief Financial Officer (Key Managerial Personnel) with effect from April 10, 2026. Before joining SJVN as Director (Finance), De was heading the Corporate Accounts and Policy Section, Corporate Tax Cell, and Employment Benefit Trusts at NHPC Limited. He also served as nominee Director on the…
Mahindra Susten Private Limited has achieved financial closure for its Hazel Hybren renewable energy project in Rajasthan. The project has a capacity of 300 MW alternating current (AC), equivalent to 420 MWp, with HDFC Bank Limited acting as the sole lender under a binding agreement executed on February 27, 2026. The structured project financing amounts…
NHPC Limited (NHPC) has approved investment proposals worth about Rs 5,702 crore for two hydroelectric projects in the Union Territory of Jammu & Kashmir with a combined capacity of 500 MW. The decision was taken by the Board of Directors at its meeting held on Friday, subject to signing implementation agreements with the Government of…