NHPC Faces Setbacks: Kuppa Project Delayed, Bikaner Solar Project Progresses

1 min read   |   Updated on 01 Apr 2025, 02:35 PM
scanxBy ScanX News Team
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Overview

NHPC Limited announced delays in the Kuppa Pumped Storage Project (750 MW) in Gujarat, postponing investment to FY 2025-26. However, the company made progress on its Bikaner Solar Power Project in Rajasthan, with 31 MW already connected to the grid. The full 300 MW capacity is expected to be operational by August 31, 2025.

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*this image is generated using AI for illustrative purposes only.

NHPC , India's premier hydropower company, has announced significant updates on two of its major projects, highlighting both challenges and progress in its renewable energy initiatives.

Kuppa Pumped Storage Project Delayed

NHPC has reported a setback in its plans for the Kuppa Pumped Storage Project (750 MW) in Gujarat. The company disclosed that survey and investigation works for the project have been halted due to circumstances beyond its control. As a result, the commencement of investment for this project has been postponed from the initially planned fiscal year 2024-25 to fiscal year 2025-26.

The Kuppa project, located in Chhota Udaipur, Gujarat, is an important part of NHPC's portfolio expansion in pumped storage hydropower. The company stated that it expects to resume the survey and investigation works at the earliest opportunity, though no specific timeline was provided.

Progress on Bikaner Solar Power Project

In a more positive development, NHPC reported advancements in its 300 MW Grid Connected Solar PV Project in Rajasthan. As of March 31, 2025, the Bikaner Solar Power Project has successfully connected to the Interstate Transmission System (ISTS) and has begun injecting 31.00 MW of power into the grid.

NHPC plans to declare commercial operation of the project in phases, starting with a 100.00 MW capacity. The company anticipates the complete 300.00 MW Solar Project to be commissioned by August 31, 2025.

Implications for NHPC's Renewable Energy Portfolio

These updates reflect NHPC's ongoing efforts to diversify its energy portfolio and expand into solar power generation while facing challenges in its hydropower projects. The delay in the Kuppa project may impact the company's short-term plans in the pumped storage sector, while the progress in the Bikaner solar project demonstrates NHPC's commitment to meeting its renewable energy targets.

As NHPC navigates these developments, stakeholders will be watching closely to see how the company manages project timelines and adapts to the evolving landscape of India's renewable energy sector.

Note: This article is based on the latest available information from NHPC Limited as of April 1, 2025.

Historical Stock Returns for NHPC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.40%+0.93%+8.49%+0.04%-5.05%+276.02%

NHPC Achieves Milestone: Commercial Operation Begins for Parbati-II Hydroelectric Project Units

1 min read   |   Updated on 31 Mar 2025, 01:48 PM
scanxBy ScanX News Team
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Overview

NHPC Limited has declared the Commercial Operation Date (COD) for three 200 MW units of its Parbati-II Hydroelectric Project in Himachal Pradesh, totaling 600 MW of operational capacity. The project's full capacity is 800 MW, with the fourth unit's COD to be announced later. This development, effective from April 1, 2025, significantly boosts India's clean energy capacity and reinforces NHPC's position in the hydropower sector.

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*this image is generated using AI for illustrative purposes only.

NHPC Limited , India's premier hydropower company, has marked a significant achievement in its renewable energy portfolio. The company has officially declared the Commercial Operation Date (COD) for three units of its Parbati-II Hydroelectric Project in Himachal Pradesh, signaling a major boost to the country's clean energy capacity.

Project Details

The Parbati-II Hydroelectric Project, with a total capacity of 800.00 MW, comprises four units of 200.00 MW each. As per the company's latest announcement, Units 1, 2, and 3 have successfully commenced commercial operations from April 1, 2025, at 00:00 hours. This development follows a series of successful trial runs, demonstrating the project's readiness for full-scale power generation.

Phased Implementation

NHPC has implemented the project in phases, with the first three units now operational. The company stated that the trial run and COD of the remaining Unit 4 (200.00 MW) will be announced in due course, completing the full capacity of the Parbati-II project.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. This adherence to regulatory standards underscores NHPC's commitment to transparency and timely disclosure of material developments to its stakeholders.

Impact on Renewable Energy Sector

The commissioning of these units is a significant step forward in India's renewable energy sector. With a combined capacity of 600.00 MW now operational, the Parbati-II project is poised to make a substantial contribution to the country's clean energy goals and help in reducing the carbon footprint of the power sector.

Future Prospects

As NHPC continues to expand its operational capacity, the successful implementation of projects like Parbati-II strengthens its position in the hydropower sector. The completion of the fourth unit will further enhance the company's generation capabilities and its role in India's sustainable energy landscape.

Conclusion

The commencement of commercial operations at Parbati-II marks a crucial milestone for NHPC and reinforces the company's expertise in executing large-scale hydroelectric projects. As the renewable energy sector in India continues to grow, developments like these play a vital role in meeting the nation's increasing power demands through clean and sustainable sources.

Historical Stock Returns for NHPC

1 Day5 Days1 Month6 Months1 Year5 Years
-0.40%+0.93%+8.49%+0.04%-5.05%+276.02%
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