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Highlights
Annual Review
Highlights

May 2009
NHPC has achieved the highest ever sales turnover of Rs. 2672 crore (LY: Rs.2244 crore) and highest ever net profit of Rs.1075 crore (LY: Rs.1004 crore). For the first time since its inception the company has received “Nil” comments from Statutory Auditors on the Accounts.
NHPC family heartily extends a warm welcome to Shri Sushilkumar Shinde, Hon’ble Union Minister for Power, Shri Bharatsinh Solanki, Hon’ble Minister of State for Power and Shri Harishankar Brahma Secretary (Power) on their assuming the office.
Shri Harishankar Brahma, Secretary (Power) visited NHPC corporate office on 27.05.2009 and had detailed discussions with the senior officials.
NHPC entered into a MoU with Transparency International India (TII) for implementing ‘Integrity Pact’ in NHPC on 15.05.2009. The MoU was signed by Admiral R.H.Tahiliani (Retd.), Chairman, TII and the CMD in the august presence of respected Shri Harishankar Brahma, Secretary (Power), Government of India, representatives of CVC, Independent External Monitors, senior officers from MOP, NHPC and prominent contractors and vendors.
NHPC Power Stations generated 1927 MUs of electricity against the aggregate target of 1872 MUs during the month of May, 2009.
Institute of Economic Studies, New Delhi has conferred “Gold Medal” to NHPC and “Bharatiya Shiromani Puraskar” to CMD, NHPC on 04.05.2009 for outstanding contribution in enhancing the image of India.
NHPC has been conferred with “Performance Excellence Award “ by the Mumbai based Indian Institution of Industrial Engineering (IIIE) in recognition of its excellence in every sphere of operation starting from conceptualization to commissioning of hydro power projects for the year 2007-08. The award was presented by Ms. Asha Swaroop, Chief Secretary, Government of Himachal Pradesh to the undersigned at Manali on 22.05.2009.
Tanakpur Power Station has been conferred with ‘8th Annual Greentech Safety Award 2009’ by M/s Green Tech Foundation, New Delhi for outstanding achievements in the field of fire and safety in Power Sector.
As a part of “ NHPC Lecture Series’’, Dr. R.K.Pachauri, Director General, The Energy and Resources Institute (TERI) shared his views and concerns with NHPC executives regarding implications of climate change and promotion of sustainable development at NPTI Auditorium on 06.05.2009.
Performance Highlights 2008-09
President of India conferred NHDC (a subsidiary of NHPC) with a Gold Shield for early commissioning of 520 MW Omkareshwar Project at the National Award Function for Meritorious performance in Power Sector. Highest ever dividend of Rs. 50.42 crore received from NHDC.
Achieved highest ever net Profit of Rs. 1,050 crore (provisional) which is 4.6% higher than the net profit of Rs. 1,004 crore earned during 2007-08.
Achieved an all time high sales turnover of Rs. 2,562 crore (provisional) as against Rs. 2,301 crore during the previous year, thereby registering an increase of 11.3%.
Achieved realization of Rs. 2,420.36 crore (99.69%) against actual billing of Rs. 2,427.98 crore.
Incurred Capital expenditure of Rs. 3,678 crore against Rs. 2,568 crore in previous year i.e. growth of 43%.
Enjoys highest credit rating i.e. AAA for domestic borrowings from M/s Fitch and BBB- for external borrowings both from M/s Fitch and M/s S&P which is equivalent to Sovereign rating.
NHPC has planned a Capex of Rs. 21,600 crore for XI plan.
Generated 16690 Million Units electricity against 14813 Million Units generated during previous year, thereby registering an increase of 12.69 %.
Updated Draft Red Herring Prospectus filed with SEBI during August 2008 and SEBI clearance received on 18.9.2008. The IPO has been deferred due to adverse market conditions.
The Power Stations achieved a Capacity Index of 93.61% against the MoU target of 92.50%.
Poised to pay highest ever dividend.
The Company has commissioned two projects with aggregate installed capacity of 1030 MW (520 MW Omkareshwar in JV and 510 MW Teesta-V) during the current Five Year Plan. NHPC is the only Central Power sector Undertaking (CPSU) to add hydro capacity during this period.
NHPC is the only hydro power developer Public Sector Undertaking which has been conferred “Excellent” rating for MoU 2007-08 signed with Ministry of Power.
MOU has been signed amongst NHPC, JKSPDC and PTC to develop Pakal-Dul and other hydroelectric projects in the Chenab River Basin of J&K with aggregate installed capacity of 2100 MW through a Joint Venture Company.
MoU has been signed with the Union of Myanmar to study the master plan for hydro power development of Chindwin River Basin and for reviewing the DPRs of the 1200 MW Tamanthi Hydroelectric Project and the 642 MW Shwezaye Hydroelectric Project.
MoU signed amongst NHPC, NTPC, PFC and TCS to set up and operate Power Exchange at national level.
Prepared Detailed Project Report (DPR) of 720 MW Mangdechhu Hydroelectric Project in the Mangdechhu Basin, Bhutan for Department of Energy Royal Government of Bhutan and Ministry of External Affairs, India.
Preparation of DPRs for 670 MW Chamkharchhu-I and 1800 MW Kuri Gongri Projects under Indo-Bhutan Cooperation in hydro power sector.
Recommendation of PIB and Govt. sanction accorded for the 330 MW Kishanganga Project in Jammu & Kashmir.
Promoter’s agreement has been signed between NHPC and Government of Manipur for formation of Joint Venture Company for implementation of 66 MW Loktak Downstream Project in Manipur.
LOI has been received from WBREDA for execution of Durgaduani Mini Tidal Power Project (3.75 MW) - the first tidal power project to be executed in India.
Agreement has been signed amongst MEA, NHPC and BHEL for renovation, modernization and uprating of Varzob Hydro Power Plant-I (2x3.67 MW) in Tajikistan.
Signed MoU on 25.9.2008 with Andaman & Nicobar Administration for the work of “Raising the height of Dhanikhari Concrete Dam” in A&N Islands.
Agreement has been signed with JKSPDC for Operation & Maintenance of Baglihar Power Station in Jammu & Kashmir.
MoU has been signed with Government of Arunachal Pradesh for setting up NHPC College of Science, Technology, Arts & Commerce at Tawang at the cost of Rs. 110 crore.
Constructing India’s largest hydroelectric project, the 2000 MW Subansiri Lower Hydroelectric Project.
Implementing the 3000 MW Dibang Multipurpose Project in Arunachal Pradesh.
Meeting held with Orissa Hydropower Corporation for setting up a Joint Venture Company to develop hydroelectric Projects in Orissa and also to take up renovation and modernization of two units (2 x 37.5 MW) of Burla Power Station on river Mahanadi in Orissa.
Nimoo Bazgo (45 MW) and Chutak (44 MW) located in Jammu & Kashmir state have been registered by CDM Executive Board of United Nation Framework Convention on Climate Change (UNFCCC).
Subsidiary NHDC has been entrusted with setting up of a 1000 MW thermal power project by the Govt. of Madhya Pradesh.
Implementing Enterprise Resource Planning (ERP) across the organization.
Six Independent Directors have been appointed on NHPC Board.
Object clause has been changed from Hydro, Wind, Geothermal, Gas to Generation of power through conventional and non-conventional sources. However, in respect of thermal the works/projects are to be executed through its subsidiary NHDC.
Name of the Company has been changed from National Hydroelectric Power Corporation Ltd. to NHPC Limited and the Logo of the Company has also been changed.
NHPC has been conferred Mini Ratna status by the Government of India.