NHPC Limited has successfully completed the trial run of Unit 2 (250MW) at its flagship Subansiri Lower HE Project on December 18, 2025. The company informed stock exchanges about this significant milestone in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Overview and Milestone Achievement

The Subansiri Lower Hydro Electric Project is a major 2000MW capacity project comprising 8 units of 250MW each, located across Assam and Arunachal Pradesh. The successful completion of Unit 2's trial run represents a crucial step in the project's commissioning process.

Regulatory Compliance and Communication

NHPC Limited has maintained consistent communication with stock exchanges regarding project developments. The company referenced multiple previous updates dated from October 2023 through December 2025, demonstrating ongoing transparency in project progress reporting. The latest update was communicated to both NSE and BSE, where NHPC trades under scrip codes NHPC and 533098 respectively.

Future Developments

The company has indicated that further developments regarding the Subansiri Lower HE Project will be communicated in due course. This suggests that additional units may be approaching similar milestones as the project moves toward full commissioning.

The successful trial run of Unit 2 marks an important operational milestone for NHPC Limited as it progresses toward full commissioning of this significant hydro electric project. The company continues to maintain regulatory compliance through timely disclosure of material developments to stakeholders.

Mahanagar Telephone Nigam Limited (MTNL) has secured board approval for a major asset sale, marking a significant development in the government's asset monetization program. The telecommunications company will divest its residential property in Bandra Kurla Complex to the National Bank for Agriculture and Rural Development (NABARD) through a government-to-government transfer mechanism valued at ₹350.72 crores.

Strategic Asset Monetization Initiative

The residential property sale forms part of the government's comprehensive asset monetization strategy, designed to unlock value from public sector assets while generating revenue for operational improvements. The BKC residential property represents one of MTNL's valuable real estate holdings in Mumbai's premium district.

Government-to-Government Transfer Framework

The transaction will be executed through a government-to-government transfer mechanism, streamlining the process between two public sector entities. This G2G approach ensures efficient asset transfer while maintaining regulatory compliance and transparency in the monetization process.

Property Significance and NABARD Acquisition

The Bandra Kurla Complex residential property holds strategic value due to its location in one of Mumbai's most sought-after areas. NABARD's acquisition of the MTNL residential property aligns with the development bank's expansion plans and operational requirements, providing the institution with valuable real estate assets in Mumbai.

Asset Monetization Impact

This sale exemplifies the government's systematic approach to asset monetization across public sector enterprises. The initiative aims to optimize asset utilization while generating funds that can be redirected toward core business operations and infrastructure development.

The board's approval of this ₹350.72 crore G2G transaction represents a concrete step in MTNL's asset optimization strategy, demonstrating the company's commitment to maximizing value from its real estate portfolio through strategic divestments under the government's asset monetization framework.