Hydro Power

The company has partnered with Druk Green Power Corporation to develop the hydropower project in Bhutan at an estimated project cost of Rs 6,900 crore.

Adani Group plans to invest $3 billion to set up its 1st pumped-storage hydropower unit: Report

Adani Green will set up PSH capacity of 5 GW in the next five years and then eventually increase to 25 GW, which will take the group’s total green-energy capability to 70 GW, the report stated.

Pumped storage projects get fast-track approval from Central Electricity Authority

At least 39 PSPs totaling 47 GW are being pursued for commissioning by the years 2029–2030.

Timely commissioning of renewable projects key for India to achieve NDC targets: Govt

Experts suggest that government must scale up tendering activity for RE projects along with timely signing of PPAs, easing of execution challenges mainly related to land, augmenting transmission infrastructure, and development of domestic manufacturing ecosystem for renewable OEMs.

Chart of the Day: India's hydro pumped storage ambitions make slow progress

The current installed and under construction hydro pumped storage capacities constitute less than 40 percent of the 2030 requirements

JSW Energy inks 240 MW power deal with Haryana discom for Kutehr project

The agreement is valid for a period of 35 years, and signed at a Levelized ceiling tariff of Rs 4.50/kWh

Govt regularises pay scales of 5,254 executives of hydro power PSUs

Anomalies existed in the pay scales of executives of the four PSUs since January 1997 due to revision of pay scales of unionised category of workmen/non-executives in line with the NTPC/oil sector within the organisations.

NHPC to seek shareholders' nod to raise Rs 2,000 cr via bonds

The special resolution proposes to authorise board to raise Rs 2,000 crore via the secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures/bonds, in one or more series/tranches, aggregating through private placement, in domestic market, NHPC said in a BSE filing today.

Modi Government may soon take up hydel policy; Rs 16,000-crore relief for stuck projects

The projects had been divided into two categories – ones which were likely to be commissioned by 2022 and another set comprising projects with a commissioning date of any time up to 2027.

Why the policy push on hydro power could short-circuit thermal energy

While the monitory aspect of hydel power has been tackled in the policy aimed at promoting it, there are operational hurdles that need to be addressed to make the sector vibrant once again.

Cabinet may consider Rs 17,000 cr hydro power policy this month

"Power Ministry had finalised the policy last month and sent to the Finance Ministry for vetting before placing it for the Cabinet approval," a source said.

NHPC board to consider buyback option on Tuesday

At "board meeting scheduled on February 7, 2017...the board of directors may also consider the proposal for buyback of the fully paid-up equity shares of the company," NHPC Ltd said in a BSE filing.

NHPC Q2 net profit up 28% on higher output

NHPC today posted 27.8 per cent rise in standalone net profit to Rs 1,554.6 crore for the September quarter, driven by higher generation, better operational efficiency and tariff finalisation by CERC for some of its plants.

HPPCL withdraws plea from SC on nod to Kashang hydro project

A bench of Justices A R Dave and L Nageswara Rao allowed the Himachal Pradesh Power Corporation Limited (HPPCL) to withdraw its plea.

NHPC plans to raise up to Rs 4,500 cr via corporate bonds

The decision is subject to shareholders' approval through special resolution, it said.

India poised to ramp up nuclear energy sector: Goyal

India is looking at ramping up nuclear energy production in a big way with renewed thrust on clean energy resources, Union Minister Piyush Goyal said on July 7

4,371-mw hydro power addition goal in 12th Plan may slip

Replaying to a query whether NITI Aayog has recently conducted a survey on revival of hydro-power projects across the country in which a large amount has been invested, the minister replied in the negative.

NHPC Q3 net profit more than doubles to Rs 388 crore

Net sales of the company, which is mainly into power generation business, during the quarter stood at Rs 1,440.90 crore against Rs 1,177.04 crore in the corresponding quarter of the previous fiscal, NHPC said in a BSE filing.

Tata Power's JV commissions 120 MW Zambia project

Itezhi Tezhi Power Corporation Ltd (ITPC), a joint venture with Zambian parastatal utility ZESCO Limited (ZESCO), is a special purpose vehicle, which has been set to build and operate a 120 MW hydro power plant in Itezhi Tezhi district on Kafue River in Zambia.

Teesta hydro project back on track: Goyal

"Teesta in Sikkim, stalled for seven years, back on track. On October 1 work started after Rs 9,000 crore of investment. 93 percent investment was done earlier," Goyal tweeted on Thursday.

JSW Energy to buy 2 hydro projs of JP Power for Rs 9.7K cr

The acquisition will make JSW Energy as the largest private sector hydro-power generator in the country.

Centre committed to help resolve issues: Power Min Goyal

The agenda of the meeting includes constant power for all, strengthening of transmission network, development of hydro power, coal related issues and promotion of renewable energy sources.

National interest top agenda if hydro power cos merged:NHPC

The power ministry may call for a meeting to discuss the possibility of merging all state-owned hydro electric units to create one single merged entity. ABL Srivastava, Director-Finance, NHPC shares his views on the same.

HCC wins Rs 1,597cr contract for Uttarakhand hydro proj

Hindustan Construction Company (HCC) has won a Rs 1,597-crore contract from THDC India for construction of a hydro power project in Chamoli in Uttarakhand.

NHPC's Rs 1,000 cr tax-free bonds issue to open on Oct 18

The public issue of "tax free, secured, redeemable, non-convertible bonds in the nature of debentures of face value of Rs 1,000 each" would amount to Rs 500 crore.