NHPC Share Price

NHPC Ltd.

India's National Hydroelectric Power Corporation is a business entity that mainly focuses on organising, marketing, and planning India's hydropower development for years. Established in 1975, NHPC is a firm that builds and manages hydropower plants. Its primary objective is to produce sustainable and clean energy.

The business also works on alternative renewable energy sources like wind and solar. NHPC is pivotal in addressing India's expanding energy requirements. It advances the country's economic growth as well as energy security. The firm's headquarters is in Faridabad. Moreover, in India's power industry, this business is a major player.NHPC share dividend history

About NHPC share price NSE

The largest hydropower development company in India, NHPC Limited, is equipped to handle every procedure step, from project conception to project commissioning. NHPC has expanded its portfolio to include solar and wind energy development, among other areas.

Under the Companies Act of 1956, NHPC Ltd. (formerly National Hydroelectric Power Corporation Ltd.) was established in 1975. The company's responsibility is to plan, encourage, and coordinate efficient and integrated power growth in all its facets using conventional and non-conventional sources in India and abroad. NHPC completed its initial public offering (IPO) in 2009 and is now listed on the NSE and BSE.

As of March 31, 2024, NHPC has an investment base of ₹78802.59 crore, paid-up NHPC share price of ₹ 10,045.03 crore, and authorised NHPC share price today of ₹15,000 crore.

Including 1593 MW in joint venture, NHPC's total installed capacity as of March 31, 2024, was 7144.20 MW. This includes 6971.20 MW from 22 hydropower stations, 123 MW from three solar power projects, and 50 MW from a wind power project. With 6971.20 MW, NHPC accounts for 14.85% of the nation's 46928.17 MW installed hydro capacity.

Indian Public Sector Hydropower Companies Overview

Numerous public-sector hydropower firms exist in India, which are essential to the nation's energy industry. Among the well-known is NHPC (National Hydroelectric Power Corporation), founded in 1975 and primarily focused on developing hydropower projects around India. Another noteworthy business is SJVN (Satluj Jal Vidyut Nigam Limited), which mostly serves the states of Uttarakhand and Himachal Pradesh.

Established in 1988, it substantially contributes to the country's hydropower output. Another important organisation is THDC (Tehri Hydro Development Corporation Limited), which bases its activities around the Tehri Dam in Uttarakhand. These businesses carry out projects to maximise the potential of water resources for power production while operating under the direction of the Indian government.

NHPC Limited competitors

Here is the list of NHPC Ltd competitors:

• Adani Power
• Power Grid Corp
• Tata Power
• Adani Energy
• JSW Energy
• Torrent Power
• NTPC

NHPC share price history

• 1975-76: NHPC incorporated
• 1976-77: Transfer of Loktak hydroelectric project (105 MW) from GoI to NHPC
• 1977-78: Transfer of Baira Siul hydroelectric project (180 MW) from GoI to NHPC
• 1982-83: Commissioning of Baira Siul power station (180 MW) in Himachal Pradesh
• 1983-84: Commissioning of all units of Devighat power station in Nepal; Loktak power station (105 MW) in Manipur
• 1985-86: Establishment of Hydro Power Training Institute at Baira Siul hydroelectric project
• 1986-87: First issue of 14% 7 years, redeemable secured non-convertible bonds; Completion of Nuwakot Rural Electrification project in Nepal
• 1987-88: Initiation of satellite telecommunication network linking various NHPC projects
• 1989-90: NHPC upgraded from Schedule 'B' to Schedule 'A' corporation
• 1992-93: Establishment of consultancy wing; Commissioning of Tanakpur power station (120 MW) in Uttarakhand
• 1994-95: Awarded lining work of Jawahar Tunnel; Declaration of NHPC's maiden dividend; Commencement of Chamera I power station (540 MW) in Himachal Pradesh
• 1995-96: Agreement signed for Kurichhu hydroelectric project (45 MW) in Bhutan
• 1997-98: Commissioning of Uri power station (480 MW) in Jammu & Kashmir
• 1999-2000: Commissioning of Rangit power station (60 MW) in Sikkim
• 2000-01: Commissioning of three units of Kurichhu power station ahead of schedule; Signing of MoUs for Indira Sagar and Omkareshwar projects
• 2002-03: NHPC secures a line of credit from LIC; Attainment of 'AAA' credit rating
• 2003-04: Commissioning of Chamera-II power station (300 MW) in Himachal Pradesh
• 2004-05: Commissioning of Indira Sagar hydroelectric project (1,000 MW)
• 2005-06: Initiation of ERP Project Kiran
• 2006-07: Agreement with Bhutan for Mangdechhu project; NHPC renamed NHPC Limited
• 2007-08: Commissioning of Dulhasti and Teesta-V power stations; Commencement of Omkareshwar hydroelectric project; Signing of MoAs for Dibang and Loktak Downstream projects
• 2008-09: NHPC conferred Mini Ratna Category I status; Signing of MoU for Pakal Dul project; Incorporation of National Power Exchange Limited
• 2009-10: Incorporation of National High Power Test Laboratory Private Limited
• 2011: NHPC signs MoUs with RusHydro, PTC India Ltd, and Orissa
• 2012: Commercialisation of Unit-1 of Chamera HE Project; Awards for outstanding work in Rajbhasha
• 2013: Signing of MoUs with Uttar Pradesh and Odisha; MoU with Chhattisgarh State Power Holding Company Limited and IFFCO Limited
• 2014-15: Conferment of Indira Gandhi Rajbhasha Award; Environmental clearance for Dibang project; Signing of various agreements and MOUs
• 2016: NHPC signs agreements with Maharashtra and BHEL; Commences commercial operation of Teesta project
• 2017-18: NHPC receives various awards; Honors received for CSR and risk management practices
• 2019-2020: NHPC awarded for performance in the hydro sector; Signing of various MOUs and agreements
• 2021-2023: NHPC continues to receive awards and accolades; Achievements in projects like Dugar Hydroelectric project and Parbati-II HE Project

Company profile- Strengths and weaknesses

Strengths

• NHPC has maintained a healthy NHPC share dividend history payout for years.
• The company's working capital requirements have decreased to 29.8 days from 84.6 days.
• NHPC bonus Share Book Value has improved over the previous two years
• Zero Promoter Pledge Company

Weaknesses

• An NHPC share price is 2.65 times its book value.
• The company's debtor days are high at 167.

The financials of NHPC share news

Shareholding pattern of NHPC Limited

Here’s the shareholding pattern of NHPC Limited:

• Promoters: 70.95%
• FII: 5.7%
• DII:15.26
• Public: 8.09%
• Others: 0%

Peer comparison