NHPC > Company History > Power - Generation & Distribution > Company History of NHPC - BSE: 533098, NSE: NHPC


BSE: 533098|NSE: NHPC|ISIN: INE848E01016|SECTOR: Power - Generation & Distribution
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Company History - NHPC
Our Company was incorporated on November 7, 1975 under the Companies
 Act as a  private limited company under the name National Hydro
 Electric Power Corporation  Private Limited. The word private was
 subsequently deleted on September 18, 1976.  Our Company was
 converted to a public limited company w.e.f. April 2, 1986. Pursuant 
 to a shareholders resolution dated March 13, 2008, the name of our
 Company was  changed to its present name NHPC Limited and a fresh
 certificate of incorporation  consequent upon change of name was
 issued by the RoC, National Capital Territory  of Delhi and Haryana,
 on March 28, 2008.
 Major events
 Financial Year                                     Event
 1975 - 76                Incorporation of our Company
 1976 - 77               Transfer of the Loktak hydroelectric project
 (105 MW) from GoI 
                                to our Company
 1977 - 78               Transfer of the Baira Siul hydroelectric
 project (180 MW) from GoI to 
                                 our 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
 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 our Company
 1989 - 90              GoI upgraded our 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
                              Our Company declared its maiden dividend
 of Rs. 5 crore for the year ending 
                                March 31, 1994
                              Our Companys registered office started
 operating from its present building in  
                                 Faridabad Chamera I power station
 (540 MW) in Himachal Pradesh 
 1995 - 96               Agreement signed for execution of Kurichhu
 hydroelectric project (45 MW) in 
 1997 - 98               Uri power station (480 MW) in Jammu & Kashmir
 1999 - 2000           Rangit power station (60 MW) in Sikkim
 2000 - 01               Three units of 45 MW Kurichhu power station
 in Bhutan commissioned by our 
                                 Company ahead of schedule
                               Our 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
                               Our Company and the government of Jammu
 & Kashmir entered into an MoU to 
                                exploit the power potential of the
 2002 - 03            A line of credit for a tenor of 19 years taken
 from LIC for an amount of Rs. 2,500 
                               Our 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 our 
                                 Company and the government of Madhya
 Pradesh in Madhya Pradesh 
 2005 - 06                ERP initiated under the name Project Kiran
 2006 - 07                Our 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 our Company changed to its
 present name NHPC Limited
                                  Dulhasti power station (390 MW)
                                 Teesta-V power station (510 MW)
                                 Omkareshwar hydroelectric project
 (520 MW) of NHDC, a joint venture of our 
                                   Company and the government of
 Madhya Pradesh, commissioned
                                Our Company entered into an MoA with
 the government of Arunachal Pradesh 
                                  to execute the Dibang multipurpose
 hydroelectric project
                                Our 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                Our Company conferred Mini Ratna Category I
 status by the GoI
                                Our Company entered into an MoU with
 the government of Jammu & Kashmir, 
                                  JKSPDC and PTC to incorporate a
 joint venture 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
 - NHPC Ltd has appointed Shri. Sudhir Kumar, Joint Secretary (Hydel),
 Ministry of Power as Part-time Director on the Board of the Company
 with effect from October 21, 2009.
 - NHPC Ltd has informed that Ministry of Power has informed the
 approval of appointment of Shri A. Gopalakrishnan as part-time
 non-official Director by the President of India on the Board of NHPC
 -Company has changed its name from National Hydroelectric Power Corpn
 Ltd. to NHPC Ltd.                                                     
 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
 -NHPC has signed a Memorandum of Understanding (MoU) with Russia's
 largest power generating Company M/s. JSC RusHydro
 -NHPC Ltd and PTC India Ltd signed a joint venture Company in the
 name and style as Chenab Valley Power Projects Pvt Ltd 
 -NHPC inks MoU with Orissa for 320-MW units
 -NHPC commercializes Unit-1 of Chamera HE Project
 -NHPC conferred the award as First Prize for 2011-12 for outstanding
 work in implementation of Rajbhasha 
 -Nhpc Conferred Indira Gandhi Rajbhasha Award 
 -NHPC Signs Mou with Ministry of Power for The Year 2012-13
 -NHPC Ltd has informed BSE that 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.
 -NHPC Ltd 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.
 - 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).
 -NHPC Conferred Indira Gandhi Rajbhasha Award.
 -NHPC  Signing of MoU with Government of Kerala for setting up of
 Solar Power Project.
 -NHPC  has been successfully completed the 14.73 Kms Head Race
 Tunneling of Kishanganga HE Project through TBM.
 -NHPC Ltd has signed an Memorandum of Understanding (MOU) with
 Ministry of Power, Government of India
 -NHPC has received environmental clearance for Dibang project, in
 Arunachal Pradesh
 -NHPC Ltd has been signed agreement  for the development of four
 Hydroelectric Projects in Teesta Basin
 -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. 
 -NHPC Ltd has signed a Memorandum of Understanding with Solar Energy
 Corporation of India (SECI)
 -NHPC signs MoU with Maharashtra for solar projects
 -NHPC starts commercial operation of Teesta project
 -NHPC plans 600 MW solar project at Koyna dam in Maharashtra
 -NHPC enters into pact with BHEL for hydro projects
 -NHPC commences operation of power project
 -NHPC signs power pact with Inox
 -NHPC got Corporate Governance Excellence Award
 -NHPC awarded as Winner under category Power Generation - Renewable
 at Dun & Bradstreet Infra Awards 2016.
 -NHPC wins Best Miniratna Award 
 -NHPC bagged Best Hydropower Enterprise Award
Source : Dion Global Solutions Limited
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