State-run hydropower company NHPC Ltd plans to raise its total installed capacity to 23 gigawatt (GW) by 2032 from its current capacity of 7.2 GW. By 2047, the company aims to increase the total capacity to more than 50 GW, the company’s Chairman and Managing Director Raj Kumar Chaudhary tells Arunima Bharadwaj in an interview. The company is optimistic of increasing its net profit to Rs 4,500 crore in the next financial year 2025-26. The company reported a decline of 37% on year in consolidated net profit to Rs 1,069.28 crore in the second quarter of the current financial year. Excerpts:
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What are the company’s upcoming projects and when do you plan to commission these?
Currently, we are operating 28 power stations with a total installed capacity of 7.2 GW. Additionally, 15 projects with a combined capacity of 10,604 MW are under various stages of construction. Out of these, we aim to commission the 800 MW Parbati-II HE Project by March 2025 and three units of 250 MW each of the 2000 MW Subansiri Lower HE Project by May 2025. Upon completion, these projects will collectively contribute an additional 6,500 million units in electricity generation in the next financial year.
The commissioning of the Parbati-II HE project will not only increase our installed capacity by 800 MW but will also enhance generation from the Parbati-III Power Station. This is because water from Parbati-II will move to the Parbati-III reservoir, which will increase generation by more than 1,200 million units annually.
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Total investment in Parbati-II project is Rs 11,982 crores, and Subansiri Lower we have spent around Rs 22,697 crores.
The company has planned to have a total installed capacity of more than 23 GW by 2032 and more than 50 GW installed capacity by 2047.
What is your capex target for this fiscal year and how much have you incurred so far? » Read More
