On approval, the total dividend payout for the financial year 2018-19 will be more than 5% of net worth and approximately 56% of the profit after tax. NHPC Limited is providing you a superb platform. Our Power Stations have set a new milestone by achieving highest ever annual generation of 24,193 Million Units (MUs) with PAF of 84.97%. Further your company has also installed 1.00 MWp Solar Power Plant at rooftopof different buildings of NHPC Residential Complex Faridabad in June 2019. New venture of your Company i.e. India, the 7th largest hydropower making country in the world, had an installed hydro capacity of around 45,400 MW by end 2018. This is a reflection of efficient operation as well as efforts of our operations and maintenance teams. During the financial year 2018-19, your company has installed roof-top/ ground mounted solar power panels at its various locations having capacity of 634.7 KWp. Applicants with NHPC Limited (erstwhile National Hydroelectric Power Corporation) is an Indian Hydropower generation company that was incorporated in the year 1975 with an authorised capital of Rs. Chairman & Managing Director Shri Abhay Kumar Singh (58 years) is the Chairman and Managing Director of NHPC Ltd. On financial front, total income of Company increased to Rs 9,085.96 crore registering a growth of 9% over the total income in financial year 2017-18. New Delhi: Balraj Joshi was on Friday appointed the chairman-cum-managing director (CMD) of NHPC Ltd, the country’s premier hydro power utility. To augment its existing portfolio of 100 MW of renewable energy (50 MW each of Wind and Solar power), Company has initiated the process for the development of 10 MW floating solar power project in Kallada, Kerala and 72 MW ( 10%) capacity Wind Power Projects in the Palakkad District of Kerala. During the financial year 2018-19, your company has installed roof-top/ ground mounted solar power panels at its various locations having capacity of 634.7 KWp. These measures shall provide impetus to the development of hydro power sector and NHPC, being the premier organization of the country for development of hydroelectric power is committed to tap and utilize the available hydroelectric power potential. In this endeavor, the Company has already paid an interim dividend of Rs 0.71/- per share in March, 2019 and has recommended a final dividend of Rs 0.75/- per equity share for financial year 2018-19, subject to your approval. NHPC was also appointed as ''Aggregator'' under Pilot Scheme-ll by Ministry of Power for procurement of aggregated power of 2,500 MW for three years. Your Company is committed to fulfill stakeholders'' aspiration and contributing to sustainable development of people, planet and the organization. Capacity addition of 1,376 MW of hydroelectric power is also anticipated through Subsidiaries and Joint ventures. Earlier, Hyderabad-bench of National Company Law Tribunal (NCLT) had approved the resolution plan of NHPC on July 26, 2019 for debt-ridden Lanco Teesta Hydro Power Ltd (LTHPL). Your Company is committed to fulfill stakeholders'' aspiration and contributing to sustainable development of people, planet and the organization. Corporate Social Responsibility (CSR) has been an integral part of your Company''s business philosophy. The efforts and practices of your Company have been recognized in form of awards and accolades such as Best Performing Utility in Hydropower Sector at CBIP Awards, TAI tunneling project of the year award by Tunneling Association of India for execution of tunnels in Kishanganga H.E. He was also acting as a nominee director in the … Last but not the least, thanks go to Deepa Paudel, Menuka Prasai, Shital Basnet and other staff of NHPC for their effort. They are just starting: Raghuram Rajan, 3 IT midcaps to bet on over next 12-24 months, IRFC IPO: Grey market premium tepid, but brokers say issue attractive, Retail investors booked profits in 14 midcaps after strong rally, Go neutral on equities, or start booking profit? Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, -161.90 (-1.11%) I also extend my sincere thanks to NHPC board members Hari Kunwar, Mukesh Kumar Jha, Sashikant Chaudhary, Shantalal Shrestha , Dr Dilip Sharma for their contribution. NHPC Limited has signed an agreement regarding the “takeover and resolution” of Lanco Teesta Hydro Power Limited, which has been developing the 500-MW Teesta VI hydroelectric project in India. On business expansion front, investment expenditure for pre-investment activities and various clearances of Dibang Multipurpose Project (2,880 MW) in the state of Arunachal Pradesh has been approved by the Cabinet Committee on Economic Affairs (CCEA) on the recommendations of Project Investment Board (PIB). It would supply power at a levelised tariff of Rs 4.07 per unit and would be completed in next five years, NHPC Chairman and MD Balraj Joshi said at a press conference here. NHPC Limited, together with its subsidiaries, generates and sells electricity in India.The company generates electricity through hydro, wind, and solar power stations. NHPC LTD Jobs NHPC Recruitment 2021, NHPC Jobs: Find & Apply online for National Hydroelectric Power Corporation (NHPC) jobs across India. of India has announced measures for promoting hydroelectric power. August 12, 2019 2:19 am. During the financial year 2018-19, the Company had also bought back 21,42,85,714 fully paid equity shares of Rs 10/- each at a price of Rs 28/- per equity share in January, 2019. Carlos Ghosn, former chairman of Nissan Motor Co., leaves his lawyer's office in Tokyo, Japan, on Thursday, May 23, 2019. At present, NHPC is a Mini Ratna Category-I Enterprise of the Govt of India with an authorized capital of Rs. NHPC Ltd is targeting a capital expenditure of ₹3,800 crore in the next financial year, its Chairman, Balraj Joshi said. Ours is one of the fastest growing economy in the world and this creates immense opportunities for us to grow, expand and multiply. Power sector to a great extent is an enabler of growth for any economy of the world and our country is not different. So, get ready to be a part of such a wonderful field as National Hydroelectric Power Corporation i.e. On January 8, 2021, Indian Renewable Energy Development Agency Ltd (IREDA)virtually signed a Memorandum of Understanding (MoU) with NHPC Limited (formerly known as National Hydroelectric Power Corporation), to provide its technical expertise for developing renewable energy projects for the next 5 years.i.The agreement was signed virtually by Pradip Kumar Das, Chairman cum Managing … Being a listed company, NHPC has been making sincere efforts to comply with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to the extent it is within the ambit of the management of the Company. Further, our bid for Lanco Teesta Hydro Power Limited (LTHPL), developer of Teesta-VI HE Project (500 MW) in Sikkim, for an amount of Rs 897.50 Crores under Corporate Insolvency Resolution Process was approved by National Company Law Tribunal (NCLT). 09/12/2019 CMD NHPC Bal Raj Joshi and Chairman CVPPL Suresh Kumar reviewing construction work of a power project in Kishtwar. The expertise of our company in undertaking construction at rough and difficult terrains is appreciated by one and all. Further, opportunities for development of renewable energy are being explored actively. Balraj Joshi is Former Chairman/Mng Dir/Dir:Technical at NHPC Ltd. See Balraj Joshi's compensation, career history, education, & memberships. The expenditure on CSR & SD activities during the financial year 2018-19 was Rs 17.58 crores. NHPC in joint venture with Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is also in the process of setting up a 32 MW solar power project in Uttar Pradesh. Reproduction of news articles, photos, videos or any other content in whole or in part in any form Management of your Company believes in adhering to highest standards of Corporate Governance in all its operations. However, I would like to mention that in addition to existing standalone operational capacity of 5,551 MW, two projects with total capacity of 2,800 MW are under different stages of construction. Abhay Kumar Singh, Ed, NHPC Limited, has been selected for the post of Chairman-cum-Managing Director, NHPC Limited at a Public Enterprises Selection Board (PESB) meeting held on August 20, 2019. During the financial year 2018-19, the Company has earned revenue of Rs 13 crore approximately from power trading business. I am hopeful that this will pave the way for restarting the construction works in near future. 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