CARE

ICRA

Tata Power Renewable Energy Limited (TPREL) and NHPC Renewable Energy Limited (NHPC-REL) have inked a Memorandum of Understanding (MoU) to spearhead the installation of rooftop solar projects on government buildings across India. This initiative, part of the ambitious PM Surya Ghar Yojana, aims for 100% solarisation of government-owned buildings by December 2025.The MoU was signed on 17 July 2024 at the NHPC Office Complex in Faridabad. The key signatories were Deepesh Nanda, CEO & MD of TPREL, and S.P. Rathour, CEO of NHPC-REL. The signing was witnessed by notable officials, including R.P. Goyal, CMD, and R.K. Chaudhary, Director (Technical), among others. This strategic alliance will implement rooftop solar projects across Central Ministries, States, and Union Territories, transforming India’s energy landscape. The Ministry of New and Renewable Energy (MNRE) has appointed NHPC Limited as a Scheme Implementing Partner (SIP) to drive these projects, which will be executed by its subsidiary, NHPC-REL. TPREL, a leader in the solar energy sector, brings its expertise to ensure seamless and timely project execution.

Tata Power and NHPC partner for 100% solarisation of government buildings

Uttam Lal, Director (Personnel), NHPC Limited has been conferred with coveted ET HR World Future Skills L&D Leaders Gold Award 2024 in individual Awards Category. In Organizational Awards category, NHPC has also been conferred with ET HR World Future Skills Gold Award 2024 for Diversity & Inclusion Learning Initiatives. Awards were presented in a glittering Award Ceremony held at Gurugram on 18.07.2024. Uttam Lal, Director (Personnel) along with his team comprising Lucas Guria, Executive Director (HR), Dr Kamla Fartyal, GGM (Medical Services) and other HR professionals received the Awards. Uttam Lal, Director (Personnel) conferred with L&D Leaders Gold Award for his employee centric L&D Initiatives implemented in NHPC, newly introduced Employees Engagement activities, OD Interventions, employee first approach with Human touch and also acknowledging his illustrative service career spanning over 35 years.

NHPC, Director (Personnel) conferred with ET HR World Awards

NHPC Limited has been accorded with the prestigious status of ‘Navratna’ company by the Government of India. As per order issued by the Department of Public Enterprise (Ministry of Finance) on 30.08.2024, NHPC has been declared a ‘Navratna Company, thereby giving it greater operational and financial autonomy.  The conferring of Navratna status brings forth key advantages to NHPC. It will enable faster decision-making, increase efficiency and empower employees. It will support major CAPEX and investment plans, drive growth, expand market reach and achieve long-term gains. NHPC will have enhanced powers to establish joint ventures and overseas offices, access new markets and leverage local expertise. Additionally, it will foster innovation by furthering technological alliances and strengthening market positioning. It will also facilitate mergers and acquisitions leading to growth and increased market share.

NHPC Limited accorded with ‘Navratna’ company status

The expansion plans of NHPC exposes the company to the project execution and funding-related risks, which is, however, mitigated largely through the company’s favourable capital structure


The below-average financial health of many of the state distribution utilities, which in turn affects the timely realisation of the revenue, remains a cause of concern for power generating companies, including NHPC.


The issuer has made timely interest payments.

Shri Rajendra Prasad Goyal ,Chairman & Managing Director

The tariff for each hydropower station of NHPC is determined by the Central Electricity Regulatory Commission (CERC). It ensures adequate recovery of cost along with stipulated return on equity on achievement of the normative availability and generation, meeting the design energy of that particular plant.


The overall financial risk profile of NHPC continued to remain comfortable characterised by low overall gearing despite large capex and dividend payout.

NHPC benefits substantially from its strong linkages with the GoI, with the Government not only holding a majority stake (70.95% as on June 30, 2023) but also providing financial and strategic support.

8.67%NHPC Limited (Tax Free) 02 Nov 2033

ISIN:

INE848E07567

YOUR EARNING

Your Investment

Final Payout

₹0

*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)

YOUR RISK

AAA Stable

CARE

AAA Stable

ICRA

AAA Stable

IND

Senior

Secured

ISSUER

NHPC Limited

Recent News

Tata Power and NHPC partner for 100% solarisation of government buildings

NHPC, Director (Personnel) conferred with ET HR World Awards

NHPC Limited accorded with ‘Navratna’ company status

Related Videos

Tax-Free Bonds

Coupon Payment Structure

STEPS TO BUY THIS BOND

Information required for KYC

PAN Card

Bank Account Proof

Aadhaar Card

Demat Account Proof

How to exit the investment?

To know more about the Bond and the issuer, send a request for the Information Memorandum. You will receive an email shortly.

To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.

₹NaN

Price

%

Yield

Principal Amount

Accrued Interest from

Face Value

Market Value

Stamp Duty

Total Investment

as on Invalid date

as on Sep 23, 2024

Still looking for assistance?