NHPC Limited has completed the trial run of Unit 2 and 3 at the 800 MW Parbati-II Hydro Electric Project in Himachal Pradesh. The remaining two units are expected to undergo trial runs by March 31, 2025. Once fully operational, the project will significantly enhance NHPC’s hydropower capacity. The Parbati-II project, a run-of-the-river (RoR) initiative,…
NHPC Ltd, a state-owned hydropower company, has announced a major investment of Rs 840 billion to develop 20 GW of pumped storage capacity. This project is part of a larger capital expenditure plan estimated at Rs 12,000 billion, with most investments to be made through joint ventures (JVs). Currently, NHPC has an installed capacity of…
The Government of Arunachal Pradesh has approved State Goods and Services Tax (SGST) reimbursement concessions for two major hydroelectric projects: the Subansiri Middle (Kamala) Hydro Electric Project and the 700 MW Tato-II Hydro Electric Project. Both projects are being implemented through joint ventures. The Subansiri Middle project is led by NHPC Limited, while the Tato-II…
NHPC Limited has secured approval from the Ministry of Corporate Affairs (MCA) for the merger of Lanco Teesta Hydro Power with NHPC. The company also received a second insurance payment of Rs 2.50 billion related to business interruption losses from the October 2023 flash flood at the 510 MW Teesta-V Power Station. NHPC, India’s largest…
NHPC Limited has resumed construction work on the Parbati Hydro Electric Project Stage-II, which had previously faced roadblocks due to local opposition. The project, located on the Beas River in Kullu District, Himachal Pradesh, involves establishing an 800 MW capacity and is being developed with an investment of Rs 98.97 billion. It is situated approximately…
NHPC Limited plans to invest Rs 55 billion in Bihar’s renewable energy sector to support India’s energy transition. The company is set to sign a memorandum of understanding with the state government for projects including solar power, floating solar, and battery storage solutions. NHPC highlighted the potential for renewable energy projects with battery storage to…
NHPC has partnered with BEML to explore opportunities for developing desilting and dredging solutions for hydroelectric power plants. These solutions will also help mitigate urban waterlogging during monsoons by clearing canals and culverts and support dredging operations in inland waterways, coastal areas, ponds, and lakes. The companies have signed a memorandum of understanding (MoU) for…
NHPC Limited has successfully concluded its tranche VI auction, awarding 1,200 MW of firm and dispatchable renewable energy (FDRE) projects integrated with energy storage systems and connected to the inter-state transmission system (ISTS). The auction also included a greenshoe option of 1,200 MW. Jevargi Solar Power was awarded 150 MW at Rs 4.48 per kWh,…
NHPC Limited has signed a Memorandum of Understanding (MoU) with the Global Green Growth Institute (GGGI) to collaborate on advancing clean energy solutions, including agrivoltaics, green hydrogen, and sustainable financing. The partnership aims to address climate challenges and accelerate India’s low-carbon transition by integrating renewable energy with agriculture, developing green hydrogen projects, and boosting investments…
On 27 November 2024, NHPC signed a power sale agreement (PSA) with Uttar Pradesh Power Corporation Limited (UPPCL) for the supply of 1,280 MW of Firm and Dispatchable Renewable Energy (FDRE). The agreement, formalized in Lucknow, is part of the Ministry of New and Renewable Energy’s (MNRE) Renewable Energy Implementing Agency (REIA) scheme. FDRE combines…