NHPC appoints nine firms as cost auditors for FY27
- NHPC Limited appointed nine cost auditor firms for FY26-27
- Dhananjay V. Joshi & Associates serves as lead cost auditor
- Board approved appointments on August 28, 2026
- Some solar project audits are conditional on commercial operation
*this image is generated using AI for illustrative purposes only.
NHPC Limited appointed nine firms of cost accountants as cost auditors for the financial year 2026-27 during its board meeting on August 28, 2026. The appointments cover various hydroelectric and renewable energy projects across India.
The board meeting commenced at 2:00 pm and concluded at 3:40 pm. The company made the disclosures in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Auditor Appointments
The company allocated specific power stations to each appointed firm. Dhananjay V. Joshi & Associates was also named the lead cost auditor responsible for consolidating the cost audit reports and submitting the consolidated report in Form CRA-3.
| Firm Name | Power Stations Allocated |
|---|---|
| Dhananjay V. Joshi & Associates | Nimmo Bazgo, Chutak |
| R.M. Bansal & Co. | Tanakpur, Dhauliganga, Salal |
| Narasimha Murthy & Co. | Uri-I, Uri-II, Kishanganga |
| Shome & Banerjee | Sewa-II, Chamera-I, Loktak |
| K.G. Goyal & Co. | Parbati-II, Parbati-III, Dulhasti |
| Diwanji & Co. | Chamera-II, Chamera-III, Bairasiul |
| K. L. Jaisingh & Co. | Wind Power (Jaisalmer), Solar (Tamil Nadu, Bikaner, Andhra Pradesh*, Gujarat*, Odisha*) |
| Bandyopadhyaya Bhaumik & Co. | TLDP-III, TLDP-IV, Teesta-V |
| Mani & Co. | Subansiri Lower HE Project, Rangit, Rangit-IV** |
*Appointments for the 100 MW Solar Power Project in Andhra Pradesh, 200 MW Solar Park Khavda Stage-III in Gujarat, and 40 MW Solar Power Project in Ganjam, Odisha are subject to these projects becoming commercially operative during FY26-27.
**Appointment for the Rangit-IV Project is subject to the merger of Jalpower Corporation Limited with NHPC Limited and its becoming commercially operative during FY26-27.
Historical Stock Returns for NHPC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.26% | -2.00% | -6.15% | -0.68% | -6.29% | +182.34% |
How might the conditional appointments for solar projects in Andhra Pradesh, Gujarat, and Odisha impact NHPC's renewable energy capacity addition targets for FY26-27?
What are the potential financial implications for NHPC if the merger with Jalpower Corporation Limited is delayed, affecting the commercial operation of the Rangit-IV project?
Does the appointment of a lead cost auditor for consolidating reports across diverse hydroelectric and renewable assets signal any upcoming changes in NHPC's internal compliance or reporting structures?
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