of India has announced measures for promoting hydroelectric power. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. Further, our bid for Lanco Teesta Hydro Power Limited (LTHPL), developer of Teesta-VI HE Project (500 MW) in Sikkim, for an amount of Rs 897.50 Crores under Corporate Insolvency Resolution Process was approved by National Company Law Tribunal (NCLT). PTC India selected as aggregator for powermin's 2,500 MW PPA scheme 31 Dec, 2019, 05.44 PM IST PFC Consulting Ltd which is the nodal agency for this scheme, conducted the bid process again on December 27, 2019. However, I would like to mention that in addition to existing standalone operational capacity of 5,551 MW, two projects with total capacity of 2,800 MW are under different stages of construction. I convey my sincere appreciation to my esteemed colleague Board members for their continued support. Being a listed company, NHPC has been making sincere efforts to comply with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to the extent it is within the ambit of the management of the Company. Capacity addition of 1,376 MW of hydroelectric power is also anticipated through Subsidiaries and Joint ventures. It is my pleasure and honor to have an opportunity to communicate with you for the second time as Chairman & Managing Director of your Company. I take this opportunity to convey my gratitude to all stakeholders, business partners, customers, CERC and various Ministries of Govt. As many as five candidates were interviewed for the same. He was also acting as a nominee director in the … Further, two power stations of the Company namely Bairasiul (180 MW) and Loktak (105 MW) are under Renovation and Modernization with scheduled completion in financial year 2021-22. August 12, 2019 2:19 am NHPC Ltd Chairman and Managing Director Balraj Joshi tells The Indian Express that the company is also looking at devising some kind … Finally, I must thank all the employees for their continuous and untiring efforts in building a strong, vibrant and responsible organization. NHPC Recruitment Notification 2019: Consistency in your honest work is necessary to grab the golden opportunity to achieve success.It is achieved by putting sincere efforts. The previous record was of 23,404 MUs during financial year 2015-16. The expenditure on CSR & SD activities during the financial year 2018-19 was Rs 17.58 crores. NHPC Limited, together with its subsidiaries, generates and sells electricity in India.The company generates electricity through hydro, wind, and solar power stations. 387,180 Million Approx. 02 May 2019 - Chairman/ Managing Director Jobs in NHPC Ltd - Delhi. 09/12/2019 CMD NHPC Bal Raj Joshi and Chairman CVPPL Suresh Kumar reviewing construction work of a power project in Kishtwar. Sales from operations during financial year 2018-19 were Rs 8,161.18 crore whereas realization, including liquidation of outstanding amount of previous years and surcharge were Rs 6,498.70 crore. During the year, various CSR activities have been undertaken in the field of Health, Sanitation, Drinking Water, Education and Skill development, capacity building, Women Empowerment, Social infrastructure development etc. Ours is one of the fastest growing economy in the world and this creates immense opportunities for us to grow, expand and multiply. Selection for the post of Director(Technical), NHPC Limited Selection for the post of Chairman & Managing Director, NHPC Ltd. Advertisement of engages of Apprentices for Electrician / Welder / Fitter/ Mechanic /Fireman/IT Trade Apprentices for Apprenticeship Training under Apprentices Act, 1961 for the year 2019-20- Parbati-III Power Station Balraj Joshi appointed as new NHPC chairman 1 min read. of India, especially Ministry of Power for providing valuable guidance and support in our efforts. August 12, 2019 2:19 am. The company will tie-up with state discoms for entering into power purchase agreements (PPAs) because its existing PPA with Maharashtra is not valid anymore, he had said. NHPC LTD Jobs NHPC Recruitment 2021, NHPC Jobs: Find & Apply online for National Hydroelectric Power Corporation (NHPC) jobs across India. Further, hydroelectric power project with expected capacity of 5,945 MW are under clearance/ approval stage. New Delhi, Mr. Arun Kumar Singh, Director (Marketing), Bharat Petroleum Corporation Ltd. (BPCL), has taken over the additional responsibility as Chairman of Indraprastha Gas Limited (IGL). The company would supply power at a levelised tariff of Rs 4.07 per unit and the project would be completed in next five years, NHPC Chairman and MD Balraj Joshi had said. Total comprehensive income, Net Profit After Tax (PAT) and other comprehensive income were Rs 2,618 crore, Rs 2,630 crore and Rs (12) crore respectively. Last but not the least, thanks go to Deepa Paudel, Menuka Prasai, Shital Basnet and other staff of NHPC for their effort. This is a reflection of efficient operation as well as efforts of our operations and maintenance teams. Hydroelectric power plays a critical role in the overall energy mix and Govt. Earlier, Hyderabad-bench of National Company Law Tribunal (NCLT) had approved the resolution plan of NHPC on July 26, 2019 for debt-ridden Lanco Teesta Hydro Power Ltd (LTHPL). ... 10/2017–12/2019. The Company has also inked Memorandum of Understanding (MoU) with: • Jammu and Kashmir State Power Development Corporation Limited (JKSPDC) and Government of Jammu & Kashmir (GoJK) for implementation of Ratle HE Project (850 MW) in the state of Jammu & Kashmir through a Joint Venture Company; • BHEL for joint bidding in consultancy and hydro-electric projects; • NLC India Limited for trading of power. It owns and operates 24 power stations with an installed capacity of 7,072 megawatts. of India had divested 0.50% of total paid-up share Capital of the company through Bharat 22 ETF in March, 2019. Balraj Joshi will lead NHPC till 31 December, 2019 when he superannuates. Project, "SILVER" level recognition in World Healthy Workplace Award 2018 instituted by Arogya World India Trust in partnership with Public Health Foundation of India and "Second Prize" in Region "A" for outstanding work in the field of Rajbhasha implementation for the year 2017-18 from Ministry of Home Affairs, Government of India. The Principal Bench of Hon''ble NGT vide order dated July 31, 2019 has upheld the constitution of Expert Committee by MoEF&CC and observed that the project be advanced in public interest. During the year 2018-19, your Company has achieved "Excellent" rating for compliance with ''DPE Guidelines on Corporate Governance'' under ''Corporate Governance Grading System'' prescribed by DPE. Company has received in-principle approval for setting-up of one Solar Park of 100 MW capacity in Odisha from Ministry of New and Renewable Energy, Government of India. To augment its existing portfolio of 100 MW of renewable energy (50 MW each of Wind and Solar power), Company has initiated the process for the development of 10 MW floating solar power project in Kallada, Kerala and 72 MW ( 10%) capacity Wind Power Projects in the Palakkad District of Kerala. 920 crore in the financial year 2019 – 20. The definitive agreement was signed Oct. 4. Thus, there is lot of scope for development of hydroelectric power. New venture of your Company i.e. Nepal Health Professional Council . Further, Govt. Power sector to a great extent is an enabler of growth for any economy of the world and our country is not different. Never miss a great news story!Get instant notifications from Economic TimesAllowNot now, BSE:533098 | NSE:NHPCEQ | 58888: | IND:Power Generation - Hydro | ISIN code:INE848E01016 | SECT:Power. Your Company also follows the guidelines on Corporate Governance for CPSEs issued by Department of Public Enterprises (DPE), Government of India. Read more about NHPC CMD Balraj Joshi retires, Ratish Kumar gets additional charge on Business Standard. This could clock a … Further, your company has also installed 1.00 MWp Solar Power Plant at rooftop of different buildings of NHPC Residential Complex, Faridabad in June, 2019. Nature has bequeathed our country with hydropower potential of more than 148 GW, yet we have developed only about 45 GW of large hydro capacity. Click here to see performance of Sensex Companies, Click here to see performance of Nifty Companies. During the financial year 2018-19, the Company had also bought back 21,42,85,714 fully paid equity shares of Rs 10/- each at a price of Rs 28/- per equity share in January, 2019. NHPC Limited has signed an agreement regarding the “takeover and resolution” of Lanco Teesta Hydro Power Limited, which has been developing the 500-MW Teesta VI hydroelectric project in India. Every employee of your Company is committed to maximize its profitability thereby creating and maximizing wealth of shareholders. NHPC was also appointed as ''Aggregator'' under Pilot Scheme-ll by Ministry of Power for procurement of aggregated power of 2,500 MW for three years. New Delhi: NHPC Limited’s Chairman & Managing Director (CMD) AK Singh laid the foundation stone of head regulator works of Indo-Nepal link canal at Barrage of 94.2 MW Tanakpur Power Station of NHPC located in Banbasa, District Champawat (Uttarakhand) on December Tuesday.