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NHPC Ltd. Company History and Annual Growth Details

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 staff

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 Company’s registered office started operating from its present building in
Faridabad Chamera I power station (540 MW) in Himachal Pradesh
commissioned

1995 - 96 Agreement signed for execution of Kurichhu hydroelectric project (45 MW) in
Bhutan

1997 - 98 Uri power station (480 MW) in Jammu & Kashmir commissioned

1999 - 2000 Rangit power station (60 MW) in Sikkim commissioned

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 state

2002 - 03 A line of credit for a tenor of 19 years taken from LIC for an amount of Rs. 2,500
crore

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
commissioned

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) commissioned

Teesta-V power station (510 MW) commissioned

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 Ltd.

-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

2011

-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

2012

-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

2013

-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).


2014
-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.

2015
-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)

2016
-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

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