NHPC Limited , India's premier hydropower company and a Navratna Enterprise of the Government of India, has announced a significant change in its top leadership. The Ministry of Power has appointed Shri Bhupender Gupta as the new Chairman & Managing Director of NHPC Limited, effective September 4, 2025.

Key Details of the Appointment

• Shri Bhupender Gupta has been appointed for a five-year term.
• The term will end on October 31, 2030, or until further orders, whichever is earlier.
• Gupta assumed charge of his new role on September 4, 2025.
• This appointment follows his additional charge as Chairman & Managing Director of SJVN Limited, which he has held since May 1, 2025.

About Shri Bhupender Gupta

Shri Bhupender Gupta brings a wealth of experience to his new role at NHPC:

• He holds a bachelor's degree in electrical engineering and an MBA in Operations Management.
• Gupta has over 34 years of experience in the power sector, including 31 years in Power CPSUs.
• His career spans various organizations including ACC Ltd, SJVN, REC Ltd, and THDCIL.
• At THDCIL, he served as Director (Technical) since June 9, 2023.

Career Highlights

Throughout his career, Shri Gupta has made significant contributions to the Indian power sector:

• Played a key role in the planning, erection, and commissioning of the 1500 MW Nathpa Jhakri Hydro Power Plant.
• Worked on deputation in Bhutan for the 1020 MW Tala Hydroelectric Power Project.
• Oversaw the execution of government flagship schemes like Saubhagya and Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) during his tenure at REC subsidiaries.
• Led the successful commissioning of Unit-1 (660 MW) of Khurja STPP and Units 1 & 2 (250 MW each) of Tehri PSP at THDCIL.

Vision for NHPC

Shri Gupta's future vision for NHPC and the Indian power sector includes:

• Addressing India's growing power demand through non-fossil fuel-based resources.
• Focusing on energy security and self-reliance.
• Integrating Artificial Intelligence (AI) and emerging technologies such as EV grid integration, cybersecurity, green hydrogen, bioenergy, and energy storage.

Leadership Transition

With this appointment, Shri Sanjay Kumar Singh, who previously held the additional charge of Chairman & Managing Director at NHPC, will no longer continue in this role.

NHPC Limited, under the new leadership of Shri Bhupender Gupta, is poised to continue its significant role in India's hydropower sector and contribute to the country's sustainable energy goals.

NHPC Ltd , India's premier hydropower company, saw its shares climb 2% to Rs 78.80 following a significant announcement regarding its borrowing plans. The company's board has given the green light to a revised borrowing strategy, authorizing the raising of up to Rs 10,000 crore by fiscal year 2026.

Borrowing Plan Details

The approved plan allows NHPC to raise funds through various financial instruments, including:

• Bonds
• Term loans
• External commercial borrowings

These funds will be raised in multiple tranches, with the primary objective of financing both ongoing and future projects. This move signals NHPC's commitment to expanding its operations and investing in growth opportunities within the hydropower sector.

Recent Financial Performance

NHPC's latest financial results paint a picture of steady growth:

The company's consolidated profit for the quarter ended June saw a 4.2% year-on-year increase, reaching Rs 1,065.02 crore. Revenue growth was even more impressive, with a 19.3% rise to Rs 3,213.77 crore.

Stock Performance and Technical Indicators

Despite the positive news and recent financial results, NHPC's stock has faced some challenges:

• Year-to-date decline: 6%
• 12-month decline: 19%

Technical analysis reveals that the stock is currently trading below all key moving averages. The Relative Strength Index (RSI) stands at 29.5, suggesting oversold conditions. This could indicate that the stock might be due for a potential rebound, although investors should conduct thorough research and consider various factors before making investment decisions.

The approval of the substantial borrowing plan, coupled with the company's recent financial performance, may provide some optimism for investors. However, the market will likely be watching closely to see how NHPC utilizes these funds and the impact on its future growth and profitability.