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Informist, Saturday, Mar. 21, 2026

 

By Shakshi Jain and Astha Oriel

 

NEW DELHI – State-run NHPC Ltd. is not looking to participate in the Small Hydro Power Project Development Scheme, approved by the government earlier this week with an outlay of INR 25.84 billion.

 

"We're not concentrating on small hydro...small hydro sites are very, very vulnerable for this sort of plant," NHPC Chairman and Managing Director Bhupender Gupta told Informist on the sidelines of the Bharat Electricity Summit Saturday. "Climate change, we have faced some example in Himachal, even in Uttarakhand where the small hydro (projects) have washed away when there is some flood or cloud burst."

 

In 2026-27 (Apr-Mar), the company is looking to commission 1,250 megawatt capacity under its Subansiri Lower Hydroelectric project along the Assam-Arunachal Pradesh border. It is also set to commission 1,000 MW under the Pakal Dul project and some capacity under the Kiru project in Jammu and Kashmir, Gupta said. On the constrction side, NHPC will see three to four projects spanning 6,000 to 7,000 MW in the coming financial year, Gupta added.

 

In the ongoing financial year, the company commissioned 750 MW across three units under its Subansiri Lower project. It also fully commissioned all four units of the 800-MW Parbati Hydroelectric project, Stage II in Himachal Pradesh during the year. NTPC is kickstarting construction of the 240-MW Uri-I Stage-II and 260-MW Dulhasti Stage-II projects in Jammu & Kashmir later this month. "I've to invest equity first, I have enough equity with me...I have to only raise a debt. That still may come after one year," Gupta said.

 

For the December quarter, the company's net profit was INR 2.93 billion on revenue of INR 18.77 billion. Friday, shares of the company closed at INR 76.80 on the National Stock Exchange, up 0.7%.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Akul Nishant Akhoury

 

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