 Early Times Report
JAMMU, Aug 29: NHPC hosted its 50th Annual General Meeting (AGM) on 28.08.2026 through video conferencing from its Registered Office, Faridabad. The members of the Company, inter alia, considered the proposal for declaration of a final dividend of Rs 0.21 per equity share for FY 2025-26, in addition to the interim dividend of Rs 1.40 per equity share paid in February 2026.
Bhupender Gupta, CMD addressed the shareholders at the AGM. Members of the NHPC Board, including Sanjay Kumar Singh, Director (Projects), Suprakash Adhikari, Director (Technical), Mahesh Kumar Sharma, Director (Finance), Paresh R. Ranpara, Director (Personnel), Diwakar Nath Misra, Government Nominee Director, Dr. Bernadette Lyngdoh, Independent Director were also present alongwith Rupa Deb, Company Secretary.
Speaking on the occasion, Gupta highlighted the growing importance of hydropower in India's clean energy transition, particularly for grid balancing, peaking support and energy storage amid the rapid expansion of solar and wind power. He said that the renewed focus on Pumped Storage Projects (PSPs) and supportive policy measures present significant opportunities for the hydropower sector. He added that NHPC is well positioned to leverage these opportunities through its strong hydropower portfolio and growing presence in solar, wind and other clean energy segments. Reiterating NHPC's long-term vision, he said that the Company remains committed to achieving 50,000 MW installed capacity by 2047 and making a significant contribution to India's energy security and clean energy transition.
Highlighting the Company's performance during FY 2025-26, Shri Gupta stated that NHPC achieved its highest-ever capacity addition of 1,850 MW in a single financial year through commissioning of Subansiri Lower (750 MW), Parbati-II (800 MW) and Karnisar Solar (300 MW) projects, reflecting the Company's sustained project execution capabilities built over five decades. The Company's consolidated installed capacity, including subsidiaries and joint ventures, crossed 9,333 MW, with 17 projects aggregating 9,204 MW under construction.
On a standalone basis, NHPC's power stations generated 23,307 Million Units (MU) during FY 2025-26 from an installed capacity of 7,401 MW across 25 power stations. Despite the variability in river flows, this performance reflects the continued focus of NHPC's operations teams on plant availability, efficient reservoir management and preventive maintenance.
On the financial performance of the Company, Shri Gupta stated that NHPC recorded a consolidated net profit of Rs 4,220.46 crore and standalone net profit of ?3,617.80 crore during FY 2025-26. He also highlighted the Company's continued focus on prudent financial management while scaling up investments in its large project pipeline. |
