NHPC Ltd News

BPCL, IRFC, NHPC: 5 PSU stocks with up to 14% upside potential in near-term

Despite ending 2024 on a strong note, select PSU stocks such as Oil India, NHPC and Coal India plunged up to 43% from the peaks; technical charts hint at a possible pull-back in the near-term.

NHPC, BEML partner to develop desilting solutions for hydro plants

NHPC on Monday announced a partnership with BEML to jointly explore opportunities for development of desilting and dredging solutions for hydro power plants. Besides, the solutions would help mitigate urban waterlogging during monsoons by swiftly clearing canals and culverts, support dredging and desilting operations in inland waterways, coastal areas, ponds, and lakes, NHPC said in a statement. NHPC and BEML have signed a Memorandum of Understanding (MoU) that aims to establish strategic cooperation for the development of advanced desilting and dredging solutions tailored for hydroelectric plants, it said. Upon successful implementation in pilot projects, the solutions are expected to be replicated across other hydro power plants, further strengthening India's renewable energy infrastructure, NHPC said. NHPC chairman and managing director R K Chaudhary said, "Together, we aim to enhance power generation efficiency, reduce maintenance costs, and support India's ambitious renewable

NTPC Green Energy IPO opens today: How to trade NTPC, other power stocks

NTPC Green Energy IPO: Trading strategies for NTPC, Power Grid and other listed power stocks on the BSE, NSE.

NHPC shares plummet 5% after co reports net profit fall in Q2FY25

Shares of state owned hydropower company NHPC tanked 4.95 per cent at Rs 80.34 a piece on the BSE after the company reported a decline in net profits

NHPC Q2 results: Net profit falls 37%, revenue rises to Rs 3,402 cr

State-owned NHPC on Thursday reported a 37 per cent fall in consolidated net profit to Rs 1,069.28 crore in the September quarter compared to the year-ago period due to exceptional expenses. It had posted a Rs 1,693.26 crore net profit for the period ended September 2023, the company said in an exchange filing. The company's total income increased to Rs 3,402.09 crore from Rs 3,113.82 crore in the second quarter of 2023-24. Expenses increased to Rs 1,831.08 crore in the second quarter of FY25 from Rs 1,573.54 crore in the year-ago quarter. According to the company filing, NHPC paid interest on contractor claims settled under the Vivad se Vishwas Il, Scheme (Contractual Disputes) of the government during the quarter and half year ended September 30, 2024 amounting to Rs 203.12 crore and Rs 350.03 crore, respectively.

Q2 results today: M&M, Lupin, NHPC, and RVNL among 166 to post earnings

Q2 results today, November 7: Trent, Abbott India, Aditya Birla Fashion and Retail, and more will release their Q2FY25 performance report

RVNL, Polycab, CG Power: Technical view on stocks that may turn large-caps

Nuvama Alternative & Quantitative Research in its early predictions on AMFI semi-annual categorization expects RVNL, Polycab India and 5 other stocks to be upgraded to large-caps.

NHPC up 3% as unit commissions 88 MW Omkareshwar Floating Solar Power Plant

The project cost is Rs 589.16 crore, NHPC said in a statement.

Power giant NHPC pays final dividend of Rs 338.5 cr to Centre for FY24

State-owned hydro power giant NHPC on Monday said it has paid a final dividend of Rs 338.51 crore to the Government of India for 2023-24. In addition, an interim dividend of Rs 947.82 crore for 2023-24 was paid on March 5, 2024, aggregating a total dividend of Rs 1,286.33 crore for the entire fiscal year, the company said in a statement. "NHPC has paid a final dividend of Rs 338.51 crore to Government of India for the FY2023-24 on September 20, 2024," a company statement said. The dividend payout bank advice was presented to Union Minister of Power and Housing and Urban Affairs Manohar Lal Khattar by NHPC CMD R K Chaudhary on Monday, it said. The company's board of directors in its meeting on May 17, 2024 recommended a final dividend at the rate of Rs 0.50 per equity share i.e. 5 per cent of the face value for 2023-24 that was approved in the annual general meeting on August 28, 2024. In addition, an interim dividend at the rate of Rs 1.40 per equity share, or 14 per cent of the f

How to trade newly crowned Navratnas: RailTel, SJVN, NHPC

SJVN, NHPC and RailTel Corp can potentially rally up to 14% from present levels, suggests technical charts. Watch out for these key support and resistance levels going ahead.

FM Nirmala Sitharaman approves 'Navratna' status for four CPSEs

The Department of Public Enterprises (DPE) in its statement said that Rail Ministry India CPSE had an annual turnover of Rs 2,622 crore and a net profit of Rs 246 crore for FY 2023-24

NHPC secures shareholders nod to hike borrowing limit to Rs 50,000 cr

State-owned NHPC has received shareholders nod to raise its borrowing limit to Rs 50,000 crore in its annual general meeting held on Wednesday. "All resolutions set out in the notice of 48th AGM were duly approved by shareholders with requisite majority," the company said in a regulatory filing. The proposal to increase the borrowing limit from Rs 40,000 crore to Rs 50,000 crore got the 99.99 per cent votes, the filing said. The tentative debt requirement for both ongoing projects and new projects up to FY 2032-33 as per CAPEX requirements will be approx Rs 80,000 crore, which will exceed paid-up share capital, free reserves and securities premium of the company, it said.

NHPC Q1FY25 results: Net profit rises marginally by 1% to Rs 1,108 cr

State-owned hydro power giant on Wednesday reported a marginal rise in its consolidated net profit of over one per cent to Rs 1,108.46 crore in June 2024 quarter. The company had reported a consolidated net profit of Rs 1,095.38 crore in the quarter ended on June 30, 2023, a BSE filing showed. Total income has increased to Rs 3,037.92 crore in the quarter from Rs 3,010.22 crore in the same period a year ago. The board also approved monetisation of future cash flow (return on equity) in respect of Dulhasti Power Station or any other power station(s) of the company for 8/10 years in single tranche during financial year 2024-25. In a separate filing, it informed that the power ministry has appointed Raj Kumar Chaudhary, Director (Technical), NHPC, to the post of Chairman and Managing Director, NHPC Limited. The appointment is effective from August 7 till the date of his superannuation i.e. June 30, 2025, or until further orders. The company further said that consequent to the above,

RVNL surpasses BPCL, PNB in market cap ranking; stock zooms 54% in 1 week

At 11:50 am; with Rs 1.33 trillion market cap, RVNL was trading 4.5% higher at Rs 638.25 on the BSE, while, BPCL and PNB's market cap stood at nearly Rs 1.32 trillion, data shows.

Power shares in demand; Adani, Torrent, CESC rally up to 10% on July 9

Analysts expects the new power minister to continue focusing on infrastructure upgrades, transformer replacements and improving the financial condition of power discoms