The Full Form of NHPC is National Hydroelectric Power Corporation. NHPC is an Indian Hydropower generation company in India. It was established in the year 1975. At the time of establishment, it aimed to harness electricity through water. It was set up to plan, promote, and organize the integrated and efficient development of hydroelectric power in all areas. It later expanded its operations to harnessing electricity through other resources like Geothermal, Solar, Tidal, Wind, etc. The company deals with electricity generation and electricity trading.
In 2017, the company aimed to contribute to the Narendra Modi government’s solar energy targets in the country. In addition, it also seeks to achieve a contribution of Rs. 4,000 Crore to the Country’s GDP and to add 1 GW of clean energy. For this, it plans to invest Rs. 7500 crore in FY2017. It expects the success of these targets as well as greater engagement with the private sector. Acquisitions and Mergers In 2016, the company acquired a majority stake in Gorkal Gurashtan. The same was followed by the developing Sukhna Mela hydroelectric power plant in Himachal Pradesh in June 2016. The company has also entered into a joint venture with the government of Nepal.
“NHPC is dedicated to expanding its generation capacity and increase the share of electricity in its portfolio from 20 percent to 40 percent.” NHPC’s CSR “NHPC’s objective is to create clean and secure energy for all, leaving no alternative to the renewable sources of energy.” For more information about National Hydroelectric Power Corporation, see here. This article was produced by the Scroll marketing team on behalf of National Hydroelectric Power Corporation and not by the Scroll editorial team.
What are the power plants of NHPC?
NHPC owns and operates hydropower plants and power generation facilities throughout India. These power plants have 42,450 MW and are spread across four states, namely, Uttar Pradesh, West Bengal, Assam, and Arunachal Pradesh. Moreover, it also has a 10 MW installation at a hydropower project in Sri Lanka. To generate hydroelectric power, NHPC has 21 power stations with 14 projects, of which 11 projects are fully operational. Over the past 40 years, it has constructed and commissioned 18 Hydel projects at various stages of construction, commissioning, and operation with an aggregate installed capacity of approximately 15,200 MW. Thandla, Krishna, Sirari, Banganga, Tulshibari, Kusum, Namami Gange, Bamraulia, K.
Where are the headquarters of NHPC located?
NHPC headquarters is situated in Delhi. It has a Group company located in NCR Delhi, Mohali, Amritsar, and Jalandhar. The company set up a new office in Bhubaneswar in February 2015. The Head office is centrally located in Delhi, and the same is also found in the Zone of Central Electricity Board. How do we know about the Related Companies and Related Companies in NHPC?
NHPC’s Corporate Structure
As stated earlier, NHPC deals with hydroelectricity. It deals with electricity generation through various methods and mechanisms like small dams, medium dams, large dams, and hydroelectric power. The company also deals with electricity trading, covering both physical and financial aspects. Corporate Functions of NHPC NHPC’s Corporate Functions are aimed at
- The Corporate Planning and Development
- Project Evaluation and Project Implementation.
Project Evaluation and Project Implementation of NHPC is to develop the national power potential from renewable energy sources through bulk power trading and remote power plants. This is also aimed at having the necessary infrastructure in place to serve as the back end.
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NHPC’s Social Responsibility
To contribute to the economic and social well-being of the country and people, NHPC has set up several social welfare programs. Its stated objective is to operate in a sustainable way to benefit all stakeholders. It aims to conserve water resources and forests and also to enhance the quality of life of people. It helps rural women and children by imparting skill development training. The company assists people affected by disasters and reconstructs buildings and structures. It also promotes eco-friendly practices through its many social welfare programs. BP. Koirala, MD & CEO of NHPC, at the Third Delhi Renewable Energy Conference, 2016, elaborated, “If you think only about how to earn money, that’s wrong.
When you look at this list, NHPC is one of the organizations that has served Indian consumers for many years. It is known to be one of the more established companies that are still around. In the past, NHPC produced electricity through hydropower. In the last few years, it has diversified into solar, wind, and geothermal energy generation. It serves both the private sector and the Government of India. With its expertise in the power industry, the company has also played a significant role in the development of the power sector of India.
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A Quick FAQ to NHPC
What is the full form of NHPC?
NHPC full form stands for National Hydroelectric Power Corporation.
Where is the headquarter of NHPC?
The headquarter of NHPC is situated in Faridabad, India.
Who is the chairman of NHPC?
Shri Abhay Kumar Singh is the Chairman and Managing Director of NHPC Ltd. He is also the Chairman of the Board of Directors of NHDC Limited and Loktak Downstream Hydroelectric Corporation Limited.
Is NHPC a navratna company?
Currently, NHPC is a ‘Mini Ratna Category-I’ enterprise. Established in 1975, the company has an authorised share capital of Rs15,000 crore. At present, there are about 14 Navratna companies. NHPC has an installed power generation capacity of 5,702 MW, including 1,520 MW implemented through joint ventures.
What is the work of NHPC?
As on date NHPC Limited has become the largest organisation for hydropower development in India, with capabilities to undertake all the activities from conceptualization to commissioning in relation to setting up of hydro projects. NHPC Limited has also diversified in the field of Solar & Wind power.