New Delhi, May 21, 2025 : Shri R.K. Chaudhary, Chairman and Managing Director (CMD) of NHPC Limited, shared important updates for the financial year 2025. The news is tailored for corporate sector readers and focuses on Mr. Chaudhary’s statements.
Financial Performance: Revenue Grows Despite Challenges
Mr. Chaudhary reported that the company generated 19,862 million units of electricity in FY 2025, which is 9% lower than the previous year. This decline was due to the severe floods in the Teesta Basin in October 2023, which led to the complete shutdown of the Teesta-V Power Station. The Plant Availability Factor (PAF) stood at 73.94%, 4% lower than the previous year. Despite this, revenue from operations rose by 7%, reaching ₹8,994 crore. However, profit after tax (PAT) declined by 17%, falling to ₹3,084 crore.
Project Milestones: Parbati-II Commissioned
Mr. Chaudhary highlighted the commercial commissioning of all four units of the Parbati-II Hydropower Project (800 MW) as a major achievement. Three units became operational on April 1, 2025, and the fourth on April 16, 2025. This project adds 800 MW to India’s renewable energy portfolio and becomes NHPC’s largest operational hydropower project. Additionally, out of a 300 MW solar power plant in Bikaner, Rajasthan, 107 MW was commissioned on April 12, 2025.
Progress at Subansiri Lower Project
The Subansiri Lower Hydropower Project (2,000 MW) has achieved 96% physical progress. Mr. Chaudhary noted that dry commissioning of the first two units is complete, and pre-commissioning activities for the third unit are underway. Five units are expected to be commissioned in the current fiscal year, with the remaining units by May 2026. The estimated cost of the project is ₹26,076 crore, of which ₹23,753 crore had been spent by March 2025.
Other Key Projects
• Dibang Multipurpose Project (2,880 MW): Five out of seven contract packages have been awarded; evaluation of the remaining two is underway. Estimated cost: ₹31,876 crore which includes grant of Rs. 6735 Crs. for flood moderation and enabling infrastructure works.
• Teesta-VI (500 MW): Merger of Lanco Teesta Hydro Power Limited with NHPC is complete; 66% progress has been achieved.
• Rangit-IV (120 MW): 86% physical progress achieved; expected to be commissioned by December 2025.
• Ratle (850 MW): Work is ongoing in Jammu & Kashmir with 21% progress.
Purchase Agreements (PPAs) have been signed for all ongoing construction projects.
Strategic Expansion
Mr. Chaudhary stated that NHPC is exploring pumped storage projects in various states including Madhya Pradesh, Maharashtra, and Gujarat. Detailed Project Reports (DPRs) have been submitted for the West Seti (800 MW) and SR-6 (460 MW) projects in Nepal. Power
Future Plans
The company is actively pursuing the launch of projects such as Uri-I Stage-II (240 MW), Dulhasti Stage-II (260 MW), and Sawalkot (1,856 MW). Mr. Chaudhary mentioned that these projects are at various approval stages, and efforts are underway to secure investment approvals.
NHPC’s achievements and strategic initiatives are a positive sign for the corporate sector, contributing to India’s energy security and renewable energy goals.
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