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NHPC Q2 net up 28% at Rs 1,554 crore

Its total income from operations increased to Rs 2,403.3 crore, over Rs 2,344.9 crore in the year-ago period

Press Trust of India  |  New Delhi 

KM Singh, Chairman and Managing Director, NHPC Ltd
KM Singh, Chairman and Managing Director, NHPC Ltd

State-run today posted 27.8 per cent increase in standalone net to Rs 1,554.6 crore for the September quarter.

It had posted net of Rs 1,215.6 crore in the July- September period of last fiscal, said in a BSE filing.



Its total from operations increased to Rs 2,403.3 crore, over Rs 2,344.9 crore in the year-ago period.

The company's total expenses during the quarter under review increased to Rs 1,185.9 crore, over Rs 1,128.3 crore in the year-ago period.

A 'mini ratna' firm, is the country's premier hydropower player. In 2015-16, its power stations achieved generation of 23,404 million units.

is setting up five projects with total installed capacity of 4,290 mw, including 1,000 mw Pakal Dul project being executed through a JV company.

About 10 projects of 7,151 mw are awaiting clearances/ government approval for their implementation including three projects of 1,186 mw to be executed through subsidiary/joint venture

In another BSE filing, the company stated that its board has approved raising of Rs 2,250 crore through issuance of "V" series corporate bonds on private placement basis.

This bond issue is part of the proposal to raise Rs 4,500 crore that was approved by shareholders in the 40th Annual General Meeting held on September 22, 2016.

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NHPC Q2 net up 28% at Rs 1,554 crore

Its total income from operations increased to Rs 2,403.3 crore, over Rs 2,344.9 crore in the year-ago period

Its total income from operations increased to Rs 2,403.3 crore, over Rs 2,344.9 crore in the year-ago period State-run today posted 27.8 per cent increase in standalone net to Rs 1,554.6 crore for the September quarter.

It had posted net of Rs 1,215.6 crore in the July- September period of last fiscal, said in a BSE filing.

Its total from operations increased to Rs 2,403.3 crore, over Rs 2,344.9 crore in the year-ago period.

The company's total expenses during the quarter under review increased to Rs 1,185.9 crore, over Rs 1,128.3 crore in the year-ago period.

A 'mini ratna' firm, is the country's premier hydropower player. In 2015-16, its power stations achieved generation of 23,404 million units.

is setting up five projects with total installed capacity of 4,290 mw, including 1,000 mw Pakal Dul project being executed through a JV company.

About 10 projects of 7,151 mw are awaiting clearances/ government approval for their implementation including three projects of 1,186 mw to be executed through subsidiary/joint venture

In another BSE filing, the company stated that its board has approved raising of Rs 2,250 crore through issuance of "V" series corporate bonds on private placement basis.

This bond issue is part of the proposal to raise Rs 4,500 crore that was approved by shareholders in the 40th Annual General Meeting held on September 22, 2016.
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Business Standard
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NHPC Q2 net up 28% at Rs 1,554 crore

Its total income from operations increased to Rs 2,403.3 crore, over Rs 2,344.9 crore in the year-ago period

State-run today posted 27.8 per cent increase in standalone net to Rs 1,554.6 crore for the September quarter.

It had posted net of Rs 1,215.6 crore in the July- September period of last fiscal, said in a BSE filing.

Its total from operations increased to Rs 2,403.3 crore, over Rs 2,344.9 crore in the year-ago period.

The company's total expenses during the quarter under review increased to Rs 1,185.9 crore, over Rs 1,128.3 crore in the year-ago period.

A 'mini ratna' firm, is the country's premier hydropower player. In 2015-16, its power stations achieved generation of 23,404 million units.

is setting up five projects with total installed capacity of 4,290 mw, including 1,000 mw Pakal Dul project being executed through a JV company.

About 10 projects of 7,151 mw are awaiting clearances/ government approval for their implementation including three projects of 1,186 mw to be executed through subsidiary/joint venture

In another BSE filing, the company stated that its board has approved raising of Rs 2,250 crore through issuance of "V" series corporate bonds on private placement basis.

This bond issue is part of the proposal to raise Rs 4,500 crore that was approved by shareholders in the 40th Annual General Meeting held on September 22, 2016.

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Business Standard
177 22