NHPC’s subsidiary -- NHDC has successfully commissioned the full 88 MW capacity of the Omkareshwar Floating Solar Power Plant (FSPV), Unit-D located in the reservoir of the Omkareshwar project, Madhya Pradesh on October 29, 2024 with annual generation capacity of 204.58 MUs. The cost of the project was Rs 589.16 crore. The expected annual revenue to be earned from the project is Rs 65.87 crore.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy work.