back-office Open An Account
partner-with-us Partner with Us
Corporate Actions
NHPC board clears Rs 5,703-cr hydropower projects in J&K

21-Feb-26   11:58 Hrs IST
The board cleared the implementation of Uri-I Stage-II hydro electric (HE) Project (240 MW) at an estimated completion cost of Rs 2,708.95 crore. The project cost includes Rs 264.31 crore for IDC and grant of Rs 26.20 crore for enabling infrastructure. The construction start date has been considered as March 1, 2026.

In addition, the board also approved an investment proposal of Dulhasti Stage-II HE Project (260 MW) at a completion cost of Rs 2,993.96 crore including Rs 289.06 crore for IDC and Rs 245.00 crore for enabling infrastructure, with construction also slated to commence from 1 March 2026.

Both investments are subject to the signing of implementation agreement between NHPC and Government of Jammu & Kashmir / JKSPDC & other requisite approvals, if any.

NHPC, a Navratna Ratna public sector utility, is the Government of India's flagship hydroelectric generation company. The company is primarily involved in the generation and sale of bulk power to various power utilities. Its other business includes providing project management/construction contracts/consultancy assignment services and trading of power.

The company reported a consolidated net profit of Rs 320.60 crore in Q3 FY26, down 2.89% as against Rs 330.13 crore in Q3 FY25. Total income declined 4.74% year-on-year to Rs 2,492.83 crore for the quarter ended 31 December 2025.

The scrip rose 0.08% to settle at Rs 74.43 on the BSE.

Powered by Capital Market - Live News

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.