NHPC Company was incorporated on November 7, 1975 under the Companies Act as a private limited company under the name National Hydro Electric Power Corporation Private Limited. The company was converted to a public limited company with effect from April 2, 1986. The promoter of the company is the President of India acting through the MoP, GoI and currently holds 100% of the paid-up share capital of the company.
The company is a hydroelectric power generating company dedicated to the planning, development and implementation of an integrated and efficient network of hydroelectric projects in India. It executes all aspects of the development of hydroelectric projects, from concept to commissioning.
It has developed and constructed 13 hydroelectric power stations and its total installed capacity is currently 5,175 MW. This includes two power stations with a combined capacity of 1,520 MW, constructed and operated through the Subsidiary, NHDC. Its power stations and hydroelectric projects are located predominantly in the North and North East of India, in the states of Jammu & Kashmir, Himachal Pradesh, Uttarakhand, Arunachal Pradesh, Assam, Manipur, Sikkim and West Bengal. The company generated 14,813.16 MUs of electricity in Fiscal 2008.
Presently it is engaged in the construction of 11 additional hydroelectric projects, which are expected to increase the total installed capacity by 4,622 MW. Further eight projects, including one joint venture project, with an anticipated capacity of 5,751 MW, are currently awaiting sanction from the CCEA. Survey and investigation works are being carried out to prepare project proposal reports for nine additional projects, totaling 7,255 MW of anticipated capacity.
The company selectively forms alliances with state governments to undertake project development. Pursuant to an MoU with the government of Madhya Pradesh, it incorporated its subsidiary on August 1, 2000 to take advantage of the hydroelectric potential of the Narmada river basin. In addition, in September 2007 it signed an MoU with the government of Manipur to establish a joint venture to develop the Loktak Downstream hydroelectric project, and in June 2007 it entered into a memorandum of agreement (“MoA”) with the government of Arunachal Pradesh to establish the Dibang project on an own-and-operate basis. Further, on October 10, 2008 it signed an MoU with the JKSPDC, the government of Jammu & Kashmir and PTC to implement the Pakal Dul and other hydroelectric projects in the Chenab river basin with an anticipated aggregate installed capacity of approximately 2,100 MW.
The company has experience in the design, development, construction and operation of hydroelectric projects. It executes and manages all aspects of projects, from front-end engineering design to commissioning and operation and maintenance of the project. It has also been engaged as a project developer for certain projects, where its scope of work is to design, develop and deliver a hydroelectric power station to a client on an agency basis. It also provides contract-based technical, management advisory and consultancy services to domestic and international clients.
Business area of the company:
The company was established to plan, promote and organise an integrated and efficient development of power in all its aspects through conventional and non-conventional sources in India and abroad subject to clause 1(b) including planning, investigation, research, design and preparation of preliminary, feasibility and definite project reports, construction, generation, operation and maintenance of power stations and projects, transmission, distribution, trading and sale of power generated at stations in accordance with the national economic policy and objectives laid down by the Central Government from time to time and release of water and other needs to the State Government as per the agreed parameters.