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NHPC registers 10% rise in standalone net profit in half-year ended Sept 30

National Hydroelectric Power Corporation Ltd India (NHPC) registers a 10% rise in Standalone Net Profit for the Half Year ended on 30th September 2021.

National Hydroelectric Power Corporation Ltd India (NHPC) registers 10% rise in Standalone Net Profit for the Half Year ended on 30th September, 2021.
National Hydroelectric Power Corporation Ltd India (NHPC) registers 10% rise in Standalone Net Profit for the Half Year ended on 30th September, 2021.
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Published : Nov 12, 2021, 4:49 PM IST

New Delhi: National Hydroelectric Power Corporation Ltd India (NHPC) has registered an increase of 10% on standalone net profit during the half year-end on 30th September 2021. Profit for the current half-year stands at Rs. 2217 crore against Rs. 2021 crore during the corresponding previous half-year.

NHPC’s share in Consolidated net profit for the current half-year is Rs. 2243 crore which is 14% higher than the net profit of Rs.1960 crore for the corresponding previous half-year.

The NHPC Board approved the Financial Results for the Quarter and Half-Year end on 30th September 2021 in their meeting held on 11th November 2021.

Also Read: Power ministry proposes amendments in EC Act to boost renewable energy consumption

NHPC Limited is India’s premier Hydropower Company. Its total installed capacity is 7071 MW of renewable power (including Wind & Solar) through its 24 power stations including 1520 MW through a subsidiary. NHPC is presently engaged in the construction of 9 projects (including Joint Ventures) aggregating to a total installed capacity of 5999 MW. In addition, 15 projects with an aggregate capacity of 10787 MW are under different stages of clearances. It is currently in an aggressive mode of expansion and has pan-India plans to expand its solar and wind power portfolio along with its core business of hydropower development.

New Delhi: National Hydroelectric Power Corporation Ltd India (NHPC) has registered an increase of 10% on standalone net profit during the half year-end on 30th September 2021. Profit for the current half-year stands at Rs. 2217 crore against Rs. 2021 crore during the corresponding previous half-year.

NHPC’s share in Consolidated net profit for the current half-year is Rs. 2243 crore which is 14% higher than the net profit of Rs.1960 crore for the corresponding previous half-year.

The NHPC Board approved the Financial Results for the Quarter and Half-Year end on 30th September 2021 in their meeting held on 11th November 2021.

Also Read: Power ministry proposes amendments in EC Act to boost renewable energy consumption

NHPC Limited is India’s premier Hydropower Company. Its total installed capacity is 7071 MW of renewable power (including Wind & Solar) through its 24 power stations including 1520 MW through a subsidiary. NHPC is presently engaged in the construction of 9 projects (including Joint Ventures) aggregating to a total installed capacity of 5999 MW. In addition, 15 projects with an aggregate capacity of 10787 MW are under different stages of clearances. It is currently in an aggressive mode of expansion and has pan-India plans to expand its solar and wind power portfolio along with its core business of hydropower development.

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