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NHPC Ltd

NSE: NHPC BSE: 533098

₹69.84

-2.54 (3.51%)

Fri, 30 Oct 2026, 06:45 pm

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Market Cap (in Cr)70315.24
PE Ratio18.48
Dividend2.30
UtilitiesUtilities
Electric UtilitiesElectric Utilities
24.5K24.5K

NHPC Ltd Company History

1975

1975

  • Incorporated as National Hydro Electric Power Corporation Private Limited on November 7.

1976

1976

  • Deletes word Private from name on September 18.
  • Transfers Loktak hydroelectric project (105 MW) from Government of India.

1977

1977

  • Transfers Baira Siul hydroelectric project (180 MW) from Government of India.

1982

1982

  • Commissions Baira Siul power station (180 MW) in Himachal Pradesh.

1983

1983

  • Commissions all units of Devighat power station in Nepal ahead of schedule.
  • Commissions Loktak power station (105 MW) in Manipur.

1985

1985

  • Sets up Hydro Power Training Institute at Baira Siul hydroelectric project.

1986

1986

  • Converted to public limited company effective April 2.
  • Issues 14% 7-year redeemable secured non-convertible bonds for Rs 143.64 crore.
  • Completes Nuwakot Rural Electrification project in Nepal ahead of schedule.

1987

1987

  • Establishes satellite telecommunication network to link projects.

1989

1989

  • Upgraded from Schedule B to Schedule A corporation by Government of India.

1992

1992

  • Sets up consultancy wing for hydel projects investigation, design, construction and operation.
  • Commissions Tanakpur power station (120 MW) in Uttarakhand.

1994

1994

  • Awarded lining work of Jawahar Tunnel in Jammu & Kashmir.
  • Declares maiden dividend of Rs 5 crore for year ending March 31.
  • Registered office starts operating from present building in Faridabad.
  • Commissions Chamera I power station (540 MW) in Himachal Pradesh.

1995

1995

  • Signs agreement for execution of Kurichhu hydroelectric project (45 MW) in Bhutan.

1997

1997

  • Commissions Uri power station (480 MW) in Jammu & Kashmir.

1999

1999

  • Commissions Rangit power station (60 MW) in Sikkim.

2000

2000

  • Commissions three units of 45 MW Kurichhu power station in Bhutan ahead of schedule.
  • Enters MoU with Government of Madhya Pradesh for Indira Sagar and Omkareshwar projects.
  • Enters MoU with Government of Jammu & Kashmir to exploit power potential.

2002

2002

  • Secures 19-year line of credit from LIC for Rs 2500 crore.
  • Accorded AAA credit rating for domestic borrowing and BB for international borrowings by Fitch Ratings.

2003

2003

  • Commissions Chamera-II power station (300 MW) in Himachal Pradesh.

2004

2004

  • Commissions Indira Sagar hydroelectric project (1000 MW) of NHDC.

2005

2005

  • Initiates ERP under Project Kiran.

2006

2006

  • Enters agreement with Government of Bhutan for DPR of Mangdechhu project (672 MW).

2007

2007

  • Commissions Dulhasti power station (390 MW).
  • Commissions Teesta-V power station (510 MW).
  • Commissions Omkareshwar hydroelectric project (520 MW) of NHDC.
  • Enters MoA with Government of Arunachal Pradesh for Dibang multipurpose hydroelectric project.
  • Enters MoU with Government of Manipur for Loktak Downstream Hydroelectric Project.

2008

2008

  • Changes name to NHPC Limited with fresh certificate issued March 28.
  • Conferred Mini Ratna Category I status by Government of India.
  • Enters MoU with Government of Jammu & Kashmir, JKSPDC and PTC for JV to develop Pakal Dul and other projects.
  • Incorporates JV National Power Exchange Limited with NTPC, PFC and TCS.

2009

2009

  • Incorporates JV National High Power Test Laboratory Private Limited with NTPC, Powergrid and DVC.
  • Appoints Shri Sudhir Kumar as Part-time Director effective October 21.
  • Appoints Shri A Gopalakrishnan as part-time non-official Director.

2011

2011

  • Signs MoU with JSC RusHydro.
  • Forms JV Chenab Valley Power Projects Pvt Ltd with PTC India Ltd.
  • Inks MoU with Orissa for 320 MW units.

2012

2012

  • Commercializes Unit-1 of Chamera HE Project.
  • Conferred First Prize for outstanding Rajbhasha implementation 2011-12.
  • Conferred Indira Gandhi Rajbhasha Award.
  • Signs MoU with Ministry of Power for 2012-13.

2013

2013

  • Signs MoU with Uttar Pradesh New & Renewable Energy Development Agency for solar power project.
  • Signs agreement with Government of Odisha and OHPC for JV for six hydroelectric projects (1020 MW).
  • Signs MoU with CSPHCL and IFFCO.

2014

2014

  • Conferred Indira Gandhi Rajbhasha Award.
  • Signs MoU with Government of Kerala for solar power project.
  • Completes 14.73 km Head Race Tunneling of Kishanganga HE Project using TBM.

2015

2015

  • Signs MoU with Ministry of Power.
  • Receives environmental clearance for Dibang project in Arunachal Pradesh.
  • Signs agreement for four Hydroelectric Projects in Teesta Basin.
  • Awards Rs 300 crore order to Rays Power Experts for 50 MW solar project in Tamil Nadu.
  • Signs MoU with Solar Energy Corporation of India (SECI).

2016

2016

  • Signs MoU with Maharashtra for solar projects.
  • Starts commercial operation of Teesta project.
  • Plans 600 MW solar project at Koyna dam in Maharashtra.
  • Enters pact with BHEL for hydro projects.
  • Commences operation of power project.
  • Signs power pact with Inox.
  • Receives Corporate Governance Excellence Award.
  • Awarded Winner under Power Generation - Renewable at Dun & Bradstreet Infra Awards.
  • Wins Best Miniratna Award.
  • Bags Best Hydropower Enterprise Award.

2017

2017

  • Honoured by Minister of State for Power for Rajbhasha implementation.
  • GRIHA four star rating for Neer Shakti Sadan.
  • Awarded CIDC Partner in Progress Trophy.
  • CMD conferred Industry Doyen award.
  • Conferred Water Digest Water Award for Best Water Management in Power Generation.
  • Honored Best Risk Management Practices at 3rd India Risk Management Awards.
  • Bags Excellence in CSR/Environment Protection and Conservation at India Pride Awards 2016-17.
  • Conferred Rajbhasha Kirti Puraskar.
  • Signs Power Purchase Agreement for Teesta-IV & Teesta-V HE Projects.
  • Completes synchronization of Unit I of Parbati HE Project.
  • Board approves amendment to apply to CERC for trade licence.

2018

2018

  • Awarded CBIP Award for Best Project Developer in Hydro Sector.
  • Wins laurels at India Pride Awards 2017-18.
  • Awarded Winner under Power Generation Renewable Energy at Dun & Bradstreet Infra Awards 2018.

2019

2019

  • Awarded CBIP Award for Best Performing Utility in Hydropower Sector.
  • Conferred Eminent Water Resources Engineer Award.
  • Signs MoU with NLCIL for power trading.
  • Takes over Lanco Teesta Hydro Power Limited.

2020

2020

  • Bags Recognition of WIPS Activities Award.
  • Conferred CBIP Award for Outstanding performing utility in hydro power sector.
  • Signs pact with Cement Corporation for Dibang project cement requirements.
  • Amalgamates Lanco Teesta Hydro Power Limited with NHPC Limited.
  • LTHPL awards Rs 1248 crore civil works order to Gammon Engineers and Contractors.

2021

2021

  • Awarded ICAI award for Excellence in Financial Reporting.
  • Signs definitive agreement for takeover of Jalpower Corporation.
  • Incorporates Ratle Hydroelectric Power Corporation Limited.
  • Forms Joint Venture for 500 MW Floating Solar Power Project.
  • Conferred various Rajbhasha Kirti Puruskar awards.

2022

2022

  • Inks pact with Himachal Pradesh government for 500 MW Dugar Hydroelectric project.
  • Signs MoU with Government of Rajasthan.
  • Signs MoU with Damodar Valley Corporation.
  • Receives Pre-Investment Approval for Sawalkot HE Project (1856 MW).
  • Awards EPC contracts for 1000 MW solar PV project.

2023

2023

  • Daylights Head Race Tunnel of Parbati-II HE Project (800 MW) on October 22.

2024

2024

  • Signs MoU with Government of Bihar to invest Rs. 5500 Crore in Solar Energy and Green Hydrogen Projects.
  • Signs MoU with BEML to jointly develop desilting and dredging solutions for hydroelectric power plants.
  • Partners with GGGI to drive clean energy innovations.
  • Organizes Walkathon, Human Chain and Nukkad Natak under Vigilance Awareness Week.
  • Signs MoU with Ocean Sun, Norway to collaborate on floating solar energy technology.
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