Accusing the NHPC of flouting norms in the formulation and implementation of the Subansiri Hydro Electric Project, RTI activist J N Khataniar said this could lead to "serious ecological and seismic problems in Assam, Arunachal Pradesh and
State-run hydro power generator NHPC today reported 40% jump in net profit to Rs 966 crore for the quarter ended September 30, 2011, on increased tariffs and withdrawal of water cess by Jammu & Kashmir.
State-run hydro power generator NHPC today reported 40% jump in net profit to Rs 966 crore for the quarter ended September 30, 2011, on increased tariffs and withdrawal of water cess by Jammu & Kashmir.
The Bombay Stock Exchange (BSE) today in an announced that Adani Power and NHPC will be removed from the BSE IPO Index from September 12, 2011. Adani Power closed down over 1% at Rs 88 and NHPC closed at Rs 23.80 on the BSE today.
State-owned NHPC today posted around 47% jump in net profit to Rs 791.05 crore for the April-June quarter and said it plans to set two hydro projects of total 400 MW capacity in Uttarakhand.
NHPC Ltd and the Orissa government owned Orissa Hydro Power Corporation (OHPC) will jointly implement three hydel projects in the state at an estimated cost of Rs 2600 crore.
Orissa government today signed a MoU with central public sector National Hydro-Power Corporation (NHPC) for setting up three hydel units down Hirakud reservoir at an investment of Rs 3,000 crore.
"In a couple of months, we will be able to take a call on the contractual dispute at the 800-MW Parbati project in Himachal (Pradesh)," NHPC CMD ABL Srivastava told PTI, adding that some solution is expected in the near future.
The country's largest hydro power producer NHPC will soon finalise a joint venture with the Orissa government for setting up three hydel projects having a total capacity of 300 MW in the state.
Power utility NHPC today said it will invest Rs 2,400 crore on setting up three projects in J&K under a joint venture with Jammu & Kashmir State Power Development Corporation and PTC India.
State-run NHPC today said it has entered into a pact with Russian power generator JSC RusHydro for co-operation in hydropower projects in India and foreign countries.
NHPC Ltd hopes to generate over 18.6 billion kilowatt hour (bkwh) of power in the current financial year to March 2012, based on expectations of normal monsoon rains, its chairman A.B.L. Srivastava said on Thursday.
The target of adding 62,000 Mw of power capacity in the 11th Plan may come under pressure, as commissioning of NHPC's 2,000-Mw Subansiri project in Assam is likely to be delayed by at least two years due to resistance from locals.
NHPC is trading at a historic low of Rs 25.50, down 1%, after the state-owned company posted a 48% fall in net profit to Rs 301 crore for the third quarter ended December 2010 compared to Rs 582 crore in the same quarter of the previous year.