NHPC (Formerly known as National Hydroelectric Power Corporation) was incorporated in 1975 under Companies Act, 1956 as a private limited company. The company was converted to a public limited company with effect from April 2, 1986. NHPC is a Navratna Central Public Sector Enterprise of Government of India. The company is mandated to plan, promote and organize an integrated and efficient development of power in all its aspects through Conventional and Non-Conventional Sources in India and abroad. NHPC is a listed company on NSE and BSE after successfully concluding its IPO in 2009.
The company is actively participating in the renewable energy growth story of India by contributing to the Government of India’s ambitious target of development of 50% power from non-fossil fuel sources by 2030. NHPC is making significant efforts to contribute towards Govt of India’s RE generation targets by exploring all possible opportunities to develop solar parks/Floating solar projects, develop solar power projects under CPSU Scheme, pilot Green Hydrogen Projects, Pumped Storage Projects in various potential rich states across the Country.
The company has been designated as Renewable Energy Implementing Agency (REIA) by MNRE. The company has also been designated as BESS Implementing Agency (BIA) to act as intermediary procurer for developments of BESS projects anywhere in India.
NHPC is the largest hydropower development organization in India, with capabilities to undertake all the activities from conceptualization to commissioning of hydro projects. The company has also diversified in the field of Solar & Wind energy development etc.
2005: Solar Energy Society of India Business Leadership Award for Hydropower for the year 2004.
2006: Enterprise Excellence Award (Certificate of Merit) by the Indian Institution of Industrial Engineering for Financial and Operational Strength for the year 2004-05, Golden Peacock Award to Chamera Power Station I for Environment Management for the year 2006 by the World Environment Foundation
2007: Annual Greentech Environment Excellence Silver Award in Hydropower Sector by-Greentech Foundation, New Delhi for Environment Management in Hydropower stations/projects for the Dhauliganga Power Station for the year 2006
2007: Golden Peacock Award to Region II, Banikhet by World Environment Foundation, New-Delhi for Excellence in Environment Management for the year 2007
2008: B.M.L. Munjal Award for Excellence in Learning and Development for the year 2007-Golden Peacock Award to Chamera Power Station I for Occupational Health and Safety for the year 2008 by the World Environment Foundation-Performance Excellence Award (Certificate of Merit) by the Indian Institution of Industrial Engineering for Financial and Operational Strength for the year 2006-07-Special Jury Award at Asia Pacific Human Resource Management Congress for Innovative Human Resources Practices for 2007-08
2009: TERI Corporate Environmental Award 2009-Performance Excellance Award by the Indian Institution of Industrial Engineering-Gold Medal for Outstanding Contribution in Enhancing the Image of India by the Institute of Economic Development-Amity Award for Best Corporate Social Responsibility for 2008
2013: NHPC Conferred Indira Gandhi Rajbhasha Award
2016: NHPC got Corporate Governance Excellence Award
2016: NHPC awarded as Winner under category ‘Power Generation - Renewable’ at Dun & Bradstreet Infra Awards 2016.
2016: NHPC wins Best Miniratna Award
2016: NHPC bagged Best Hydropower Enterprise Award
2016: CMD, NHPC conferred Power & Energy Persona’s Award for Individual Excellence
2016: CMD, NHPC conferred CBIP Award for Outstanding contribution in Hydropower Development
2017: NHPC honoured by Hon’ble Minister of State for Power (Independent Charge) for Implementation of Rajbhasha
2017: GRIHA four star rating for Neer Shakti Sadan
2017: NHPC awarded CIDC Partner in Progress Trophy 2017
2017: CMD, NHPC conferred ‘Industry Doyen’ award
2017: NHPC conferred Water Digest Water Award for Best Water Management in Power Generation
2017: NHPC honored with the award for ‘Best Risk Management Practices, Frameworks and Systems’ at 3rd India Risk Management Awards
2017: NHPC bags award for ‘Excellence in CSR/Environment Protection and Conservation’ at India Pride Awards 2016-17.
2019: NHPC has been conferred with ‘Recognition of WIPS Activities Award, a tribute to Excellence in Public Enterprise Management under Mini Ratna & other category’ by Forum of Women in Public Sector (WIPS).
2020: NHPC has been conferred the CBIP Award 2020 for ‘Outstanding performing utility in hydro power sector’ at a glittering function held at New Delhi on February 19, 2020.
2021-22: Gold Shield for ‘Excellence in Financial Reporting’ awarded by the Institute of Chartered Accountants of India (ICAI) for FY 2020-21 in the category “Infrastructure & Construction Sector-Turnover equal to or more than Rs 500 crore”.
2021-22: NHPC’s Rajbhasha journal ‘Rajbasha Jyoti’ was awarded ‘First Prize’ under ‘Rajbhasha Kirti Puruskar (Griha Patrika)’ in Region ‘A’ by Ministry of Home Affairs, Govt. of India for the year 2019-20.
2021-22: NHPC has been awarded Second Prize for commendable work in implementation of Rajbhasha under Rajbasha Kirti Puruskar scheme.
2021-22: NHPC was conferred with “PSU developer of the year” Award in Gold Category by EQ International during EQ’s PV Invest Tech India Conference & Awards at New Delhi.
2021-22: NHPC was declared ‘Winner’ in category of ‘Best Implementation of Dam Rehabilitation Project’ at the Water Digest Water Awards, 2021- 2022.
2021-22: NHPC has been conferred with ‘AEOHD Occupational Health Excellence Award - Public Sector’ in recognition of its exemplary contribution in the field of Environmental & Occupational Health (ENOCH) by AEOHD (Association of Environmental & Occupational Health, Delhi).
2021-22: NHPC’s 510 MW Teesta-V Power Station has been conferred with the prestigious Blue Planet Prize by International Hydropower Association (IHA), a London based non-profit membership association operating in 120 countries.
2022-23: ‘Second Prize’ under ‘Rajbhasha Kirti Puruskar’ in Region ‘A’ by Ministry of Home Affairs, Govt. of India, for the year 2021-22 under ‘Rajbhasha Kirti Puruskar’ scheme.
2022-23: “Data Centre Champion-2022” award by Express Computer (IT business publication of Indian Express Group) in recognition of NHPC’s efforts towards building a strong Digital India & vibrant Data Center Ecosystem.
2022-23: Gold Medal for best presented Annual Report for financial year 2020-21 (Infrastructure & Construction Sector category) at South Asian Federation of Accountants Awards 2021 at Kathmandu, Nepal.
2022-23: ‘Second Best Enterprise Award’ for Mini Ratna Category from Director General, SCOPE at WIPS (Women in Public Sector) 33rd National Meet at Kolkata.
2022-23: “Use of Emerging Technologies Data Centre” Award at Governance Now- 9th PSU Awards & Conference. The award has been conferred to NHPC in recognition of its efforts towards building a strong Digital India and vibrant Data Center Ecosystem
2023-24: SCOPE’s ‘Commendation Certificate’ for ‘Effective Implementation of the RTI Act’.
2023-24: ‘Second prize’ under the NTPC Rajbhasha Shield Award Scheme for 2021-22 and 2022-23 for outstanding implementation of Rajbhasha.
2023-24: ‘Second prize’ in the ‘Annual Report’ category of ‘PRSI National Awards 2023’.
2023-24: ‘Winner’ in the Power Generation-Renewables (CPSU) category of the Dun & Bradstreet PSU Awards’23.
2023-24: Winner of ‘Economic Times HR World Exceptional Employee Experience Award 2023’ in ‘Large Scale Enterprise’ category.
2023-24: Awarded “India’s Best Hydro & Renewable Energy Public Sector Enterprise” award at the 16th ENERTIA Award’ 23.
2024-25: Salal Power Station received the first prize for excellence in implementing official language policies from the Department of Official Language, Ministry of Home Affairs, at Jaipur.
2024-25: NHPC’s Tanakpur Power Station, Uttarakhand was honoured with the prestigious CBIP Award 2024 for ‘Best Performing Hydro Power Project’.
2024-25: NHPC was honored with The Economic Times HR World Future Ready Organization Award 2024'.
\2024-25: CII HR Excellence Award for 2024-25 during the 15th CII National HR Excellence Award Confluence 2024-25.
2024-25: ET HR World Future Skills Gold Award 2024 for Diversity & Inclusion (D&I) Learning Initiatives.
2024-25: 'Honorary Award' for its outstanding contribution to the development of renewable energy in Uttar Pradesh.
2024-25: 'Outstanding Achievement Award in the 'Hydropower Generator' category at the 25th Regulators and Policymakers Retreat (RPR 2025).
2024-25: 'India's Best Hydro & Renewable Energy Public Sector Enterprise Award' at the PRAKASHmay 17th ENERTIA Awards.
1975-76: Incorporation of the company.
1976-77: Transfer of the Loktak hydroelectric project (105 MW) from GoI to the company.
1977-78: Transfer of the Baira Siul hydroelectric project (180 MW) from GoI to the company.
1982-83: Baira Siul power station (180 MW) in Himachal Pradesh commissioned.
1983-84: All units of Devighat power station in Nepal commissioned ahead of schedule-Loktak power station (105 MW) in Manipur commissioned.
1985-86: Hydro Power Training Institute set up at the Baira Siul hydroelectric project to train operators and supervisory staff.
1986- 87: First issue of 14% 7 years, redeemable secured non convertible bonds amounting to Rs.143.64 crore Nuwakot Rural Electrification project in Nepal completed ahead of schedule.
1987-88: Establishment of a satellite telecommunication network taken up to link various projects of the company.
1989-90: GoI upgraded the company from a Schedule ‘B’ to a Schedule ‘A’ corporation.
1992-93: A consultancy wing set up to provide a range of specialised services in the investigation, design, construction and operation of hydel projects-Tanakpur power station (120 MW) in Uttarakhand commissioned.
1994-95: Awarded the lining work of Jawahar Tunnel in Jammu & Kashmir -The company declared its maiden dividend of Rs. 5 crore for the year ending March 31.
1994: The company’s registered office started operating from its present building in Faridabad-Chamera I power station (540 MW) in Himachal Pradesh commissioned.
1995-96: Agreement signed for execution of Kurichhu hydroelectric project (45 MW) in Bhutan
1997-98: Uri power station (480 MW) in Jammu & Kashmir commissioned.
1999-2000: Rangit power station (60 MW) in Sikkim commissioned.
2000-01: Three units of 45 MW Kurichhu power station in Bhutan commissioned by the company ahead of schedule-The company and the government of Madhya Pradesh entered into an MoU to exploit the hydro electric potential of the Narmada basin by completing the Indira Sagar and Omkareshwar projects The company and the government of Jammu & Kashmir entered into an MoU to exploit the power potential of the state.
2002-03: A line of credit for a tenor of 19 years taken from LIC for an amount of Rs. 2,500 crore, the company was accorded ‘AAA’ credit rating for domestic borrowing and ‘BB’ credit rating at par with sovereign rating of international borrowings by Fitch Ratings.
2003-04: Chamera- II power station (300 MW) in Himachal Pradesh commissioned.
2004-05: Indira Sagar hydroelectric project (1,000 MW) of NHDC, a joint venture of the company and the government of Madhya Pradesh in Madhya Pradesh commissioned.
2005-06: ERP initiated under the name Project Kiran.
2006-07: The company entered into an agreement with Government of Bhutan for preparation of DPR of Mangdechhu project (672 MW) in Bhutan.
2007-08: The name of the company changed to its present name NHPC Limited-Dulhasti power station (390 MW) commissioned-Teesta-V power station (510 MW) commissioned-Omkareshwar hydroelectric project (520 MW) of NHDC, a joint venture of the company and the government of Madhya Pradesh, commissioned-The company entered into an MoA with the government of Arunachal Pradesh to execute the Dibang multipurpose hydroelectric project-The company entered into an MoU with the government of Manipur to exploit the hydro electric potential of the tailrace discharge of Loktak Downstream Hydroelectric Project.
2008-09: The company conferred Mini Ratna Category I status by the GoI-The company entered into an MoU with the government of Jammu & Kashmir, JKSPDC and PTC to incorporate a joint venture to develop the Pakal Dul and other hydro projects in the Chenab River Basin-Incorporation of joint venture company, National Power Exchange Limited, along with NTPC, PFC and Tata Consultancy Services Limited.
2009-10: Incorporation of a joint venture company, National High Power Test Laboratory Private Limited, along with NTPC, Powergrid Corporation of India Limited and Damodar Valley Corporation.
2013: A Memorandum of Understanding has been signed between NHPC Limited and Uttar Pradesh New & Renewable Energy Development Agency, Department of Additional Sources of Energy, Govt. of Uttar Pradesh on August 08, 2013 at Lucknow for implementation of Solar Power Project in Uttar Pradesh.
2013: NHPC has signed an agreement with Government of Odisha and Odisha Hydro Power Corporation Limited (OHPC) for formation of a Joint Venture company for implementation of six hydroelectric projects with an aggregate installed capacity of 1020 MW.
2013: NHPC has inked a Memorandum of Understanding (MoU) with the Chhattisgarh State Power Holding Company Limited (CSPHCL) and Indian Farmers Fertiliser Cooperative Limited (IFFCO Limited).
2014: NHPC Conferred Indira Gandhi Rajbhasha Award.
2014: NHPC Signing of MoU with Government of Kerala for setting up of Solar Power Project.
2014: NHPC has been successfully completed the 14.73 Kms Head Race Tunneling of Kishanganga HE Project through TBM.
2015: NHPC has signed a Memorandum of Understanding (MOU) with Ministry of Power, Government of India.
2015: NHPC has received environmental clearance for Dibang project, in Arunachal Pradesh.
2015: NHPC has been signed agreement for the development of four Hydroelectric Projects in Teesta Basin.
2015: Rays Power Experts has bagged Rs 300 crore order from NHPC Ltd for setting up a 50 MW solar power project at Sattur in Virudhunagar district of Tamil Nadu.
2015: NHPC has signed a Memorandum of Understanding with Solar Energy Corporation of India (SECI).
2016: NHPC signs MoU with Maharashtra for solar projects.
2016: NHPC starts commercial operation of Teesta project.
2016: NHPC plans 600 MW solar project at Koyna dam in Maharashtra.
2016: NHPC enters into pact with BHEL for hydro projects.
2016: NHPC commences operation of power project.
2016: NHPC signs power pact with Inox.
2016: NHPC signs Power Purchase Agreement (PPA) for 50 MW wind power project2016: NHPC Signs Contract Agreement with BHEL for Renovation & Modernization of 180 MW Baira Siul Power Station.
2019: NHPC signs letter of Intent with NEA Engineering.
2019: NHPC commission Unit 2 of Bairasiul Power Station in Himachal Pradesh.
2020: NHPC gets ISMS certification for IT&C Division.
2020: NHPC signs MoU with ALIMCO.
2020: NHPC has signed a Memorandum of Understanding (MoU) with Power Grid Corporation of India for Turnkey Execution of Dedicated Transmission lines / Construction Power Supply lines for future NHPC hydropower projects in India.
2020: NHPC has signed Memorandum of Understanding (MoU) with Hydropower Investment and Development Company (HIDCL), the premier organization for jointly developing hydropower projects in Nepal.
2020: NHPC has signed Memorandum of Understanding (MoU) with Green Energy Development Corporation of Odisha (GEDCOL).
2020: NHPC has signed Power Purchase Agreement (PPA) with Eden Renewable Passy for 300 MW and with Altra Xergi Power (SPV of O2 Power SG PTE) for 380 MW for procurement of solar power at the tariff of Rs 2.55/kWh at NHPC corporate office for 25 years on long term basis.
2020: NHPC has signed a Memorandum of Understanding (MoU) with the Ministry of Power, Government of India for 2020-21.
2020: NHPC has signed a Power Sale Agreement (PSA) with Chhattisgarh State Power Distribution Company (CSPDCL) at Raipur (Chhattishgarh) for supply of 400 MW Solar Power at the tariff of Rs. 2.55/kWh for 25 years on long term basis.
2021: NHPC has signed a Supplementary MoU with Jammu and Kashmir State Power Development Corporation and Power Development Department, Govt. of UT of Jammu & Kashmir for implementation of Ratle HE Project (850 MW) in Union Territory of Jammu & Kashmir through a Joint Venture Company (JVC).
2021: NHPC has incorporated a joint venture (JV) firm Ratle Hydroelectric Power Corporation for implementing 850 MW Ratle project in the union territory of Jammua and Kashmir.
2021: NHPC has signed MoU with Bihar State Hydro-Electric Power Corporation (BSHPCL) for execution of Dagmara HE Project (130.1 MW) in the State of Bihar by NHPC on ownership basis.
2021: NHPC and NTPC have signed a Memorandum of Understanding (MoU) for ‘cooperation in overseas power sector’. The MoU includes taking up of project development, capacity building, O&M, RMU and other consultancy assignments outside India jointly by NHPC & NTPC.
2021: NHPC has commissioned Unit 3 (60 MW) of Bairasiul Power Station (3 X 60 MW) in Himachal Pradesh after completion of Renovation and Modernization works.
2022: NHPC has signed a letter of intent (LoI) to build renewable energy projects of 10,000 MW in Rajasthan. A LoI has been signed between the company and Rajasthan Renewable Energy Corporation (RRECL) for development of 10,000 MW Renewable Energy Projects/ Parks in Rajasthan.
2022: NHPC has signed a memorandum of understanding (MoU) with the district administration of Chamba, Himachal Pradesh for development of green hydrogen technologies to produce hydrogen.
2022: NHPC has signed a Memorandum of Understanding (MoU) with Damoder Valley Corporation (DVC) to ‘Explore formation of Joint Venture company (JVC) for exploring and setting up Hydropower and Pump Storage Projects'.
2022: NHPC has signed Memorandum of Understanding (MoU) with Investment Board Nepal (IBN), Govt. of Nepal. The MoU is for preparation of Detailed Project Report (DPR) and development of two hydropower projects namely West Seti (750 MW) and Seti River 6 project (450 MW) in Nepal.
2023: NHPC has received Letter of Intent (LOI) from Gujarat Urja Vikas Nigam (GUVNL) for 200 MW capacity Solar Power Project within 600 MW GSECL’s Solar Park at Khavda (GSECL Stage-1).
2023: NHPC and Kerala State Electricity Board (KSEB) have signed a Memorandum of Understanding (MoU) under which NHPC will provide consultancy services to KSEB as its Owner’s Engineer for vetting of design of KSEB’s ongoing projects as well as of projects in the pipeline.
2023: NHPC has inked Memorandum of Agreements (MoA) with Government of Arunachal Pradesh on August 12, 2023 for development of two hydroelectric projects in the State of Arunachal Pradesh with aggregate capacity of 3800 MW.
2023: NHPC has won the bid to develop a 200 MW capacity Solar Power Project to be set up in the 1,125 MW RE Park of Gujarat State Electricity Corporation (GSECL) at Khavda in Kachchh district of Gujarat.
2024: NHPC has signed a Joint Venture Agreement with Andhra Pradesh Power Generation Corporation (APGENCO) on September 27, 2024 for incorporation of a Joint Venture Company for implementation of Pumped Storage Hydro Power Projects and Renewable Energy (solar/ floating solar/ wind) Projects in Andhra Pradesh.
2024: NHPC’s subsidiary -- NHDC has successfully commissioned the full 88 MW capacity of the Omkareshwar Floating Solar Power Plant (FSPV), Unit-D located in the reservoir of the Omkareshwar project, Madhya Pradesh with annual generation capacity of 204.58 MUs.
2024: NHPC has signed a Memorandum of Understanding (MoU) with BEML that aims to establish strategic cooperation for the development of advanced desilting and dredging solutions tailored for hydroelectric plants.
2025: NHPC has commenced commercial operation of 107.14 megawatt (MW) solar capacity at Karnisar solar power plant, Bikaner, Rajasthan.
2025: NHPC has commenced commercial operation of 4th phase of part capacity of 53.57 MW with effective from June 30, 2025 of 300 MW Karnisar Solar Power Project, Bikaner.
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