NHPC Ltd is a Mini-Ratna Category-I Enterprise of the Government of India. The company is one of the largest organisations in the field of hydro power development in the country. The company is a hydroelectric power generating company dedicated to the planning, development and implementation of an integrated and efficient network of hydroelectric projects in India. They execute all aspects of the development of hydroelectric projects, from concept to commissioning of the projects.
NHPC Ltd was incorporated on November 7, 1975 as a private limited company under the name National Hydro Electric Power Corporation Pvt Ltd. In April 2, 1986, the company was converted into a public limited company. The company was established with an objective to plan, promote and organize an integrated and efficient development of hydroelectric power in all aspects. Later, they expanded their objects to include development of power in all aspects through conventional and non-conventional sources in India and abroad.
During the year 1976-77, the company received Loktak hydroelectric project with a capacity of 105 MW from Government of India and in the next year, they received Baira Siul hydroelectric project with the capacity of 180 MW. In the year 1982-83, the company commissioned the Baira Siul power station in Himachal Pradesh.
During the year 1983-84, the company commissioned all the units Devighat power station in Nepal and Loktak power station (105 MW) in Manipur. During the next year, they set up a Hydro Power Training Institute at the Baira Siul hydroelectric project to train operators and supervisory staff.
During the year 1987-88, the company established a satellite telecommunication network up to link various projects. During the year 1989-90, the Government of India upgraded the company from a Schedule B to a Schedule A corporation. During the year 1992-93, the company set up a consultancy wing to provide a range of specialised services in the investigation, design, construction and operation of hydel projects. Also, they commissioned Tanakpur power station with the capacity of 120 MW in Uttarakhand.
During the year 1995-94, the company commissioned Chamera I power station with the capacity of 540 MW in Himachal Pradesh. Also, the company was awarded the lining work of Jawahar Tunnel in Jammu & Kashmir during the year. During the year 1995-96, they signed an agreement for execution of Kurichhu hydroelectric project with the capacity of 45 MW in Bhutan.
During the year 1997-98, the company commissioned the Uri power station with the capacity of 480 MW in Jammu & Kashmir and during the year 1999-2000, they commissioned Rangit power station with the capacity of 60 MW in Sikkim.
During the year 2000-01, the company commissioned 45 MW Kurichhu power station in Bhutan. The company entered into an MoU with Government of Madhya Pradesh to exploit the hydro electric potential of the Narmada basin by completing the Indira Sagar and Omkareshwar projects. Also they entered into an MoU with Government of Jammu & Kashmir to exploit the power potential of the state.
During the year 2003-04, the company commissioned the 300 MW Chamera- II power station in Himachal Pradesh. During the next year, NHDC, a joint venture company commissioned 1,000 MW Indira Sagar hydroelectric project in Himachal Pradesh.
During the year 2006-07, the company added 390 MW generating capacity with the commissioning of Dul Hasti Hydroelectric Project in Jammu & Kashmir. The company entered into an agreement with Government of Bhutan for preparation of DPR of Mangdechhu project with the capacity of 672 MW in Bhutan.
During the year 2007-08, the company commissioned 510 MW Teesta-V power station. NHDC, the joint venture company commissioned 520 MW Omkareshwar hydroelectric project in Madhya Pradesh. The company entered into an MoA with the Government of Arunachal Pradesh to execute the Dibang multipurpose hydroelectric project. Also, they entered into an MoU with the government of Manipur to exploit the hydro electric potential of the tailrace discharge of Loktak Downstream Hydroelectric Project.
During the year, the company signed an MoU with the Ministry of Rural Development, Government of India and Government of Bihar for construction of Rural Roads and the maintenance under Pradhan Mantri Gram Sadak Yogna in Bihar. The name of the company was changed from National Hydro Electric Power Corporation Ltd to NHPC Ltd with effect from March 28, 2008. The company was conferred with Mini-Ratna (Category I) status by the Ministry of Power with effect from April 28, 2008.
During the year 2008-09, the company entered into an MoU with the Government of Jammu & Kashmir, JKSPDC and PTC to incorporate a joint venture develop the Pakal Dul and other hydro projects in the Chenab River Basin. Also, the company along with NTPC, PFC and Tata Consultancy Services Ltd incorporated a joint venture company, namely National Power Exchange Ltd.
During the year 2009-10, the company along with NTPC, Powergrid Corporation of India Ltd and Damodar Valley Corporation incorporated a joint venture company, namely National High Power Test Laboratory Pvt Ltd.
In January 8, 2010, the company signed an agreement with Ministry of External Affairs (MEA), Government of India for taking up Additional Investigations and Preparation of Updated Detailed Project Reports for 1200 MW Tamanthi HE Project and 642 MW Shwezaya HE Project in Myanmar.
In March 23, 2010, the company has signed an agreement with Department of Energy, Royal Govt. of Bhutan for providing engineering & consultancy services relating to pre-construction activities of Mangdechhu Hydroelectric Project (720 MW) in Bhutan at a total cost of Rs 11.67 crore.
In April 28, 2010, an MoU was signed amongst NHPC Ltd, Government of Manipur and SJVN Ltd for formation of a joint venture company for implementation of 1500 MW Tipaimukh Hydroelectric (Multipurpose) Project in Manipur. NHPC Ltd, SJVN Ltd and Government of Manipur shall have a share holding of 69%, 26% and 5% respectively.
The Unit-I of SEWA-II HE Project started commercial operation with effect from June 29, 2010. Also, the SEWA-II H.E. Project (120 MW) started commercial operation with effect from July 24, 2010, consequent upon successful trial run of balance Unit-II (40 MW) of the Project.
During the year 2010-11, a joint venture company, the Loktak Downstream Hydroelectric Corporation Ltd, was formed for executing the 66 MW Loktak Downstream Project in Manipur with a 74% by the company and 26% by the Government of Manipur. The company signed an joint venture agreement with SJVN Ltd and the Government of Manipur to implement the 1,500 MW Tipaimukh Hydroelectric (multipurpose) Project in Manipur. The project is in advanced stage of formation with shareholding of NHPC, SJVNL and the Government of Manipur being ratio of 69:26:5 respectively.
In September 29, 2010, the 120 MW SEWA-II Power Station (3x40) 120 MW in Jammu and Kashmir was dedicated to the nation. With the commissioning of Sewa-II, the compaby's installed capacity increased to 5,295 MW through their 14 operating power stations (including the 1,000 MW Indira Sagar and 520 MW Omkareshwar Power Stations of NHDC Ltd, a subsidiary of NHPC and the Government of Madhya Pradesh).
In March 2011, the company signed an agreement with the Department of Energy, Royal Government of Bhutan for providing engineering consultancy services for pre-construction activities at the Mangdechhu H.E. Project (720MW) in Bhutan. In May 23, 2011, the company signed an MoU with Russia's power generating Company JSC RusHydro for Cooperation on case-to-case basis in Hydropower projects in India and other countries.
In June 2011, the company incorporated a new joint venture (JV) company, namely Chenab Valley Power Projects (P) Ltd to execute Pakul Dul and other hydroelectric projects, with an aggregate installed capacity of about 2100 MW in the Chenab basin in the state of Jammu & Kashmir. The equity share capital in the Chenab Valley Power Projects shall be contributed by NHPC, Jammu and Kashmir State Power Development Corporation and PTC India in the ratio of 49:49:2 respectively. The company signed one more MoU for a joint venture company with OHPC and the Government of Orissa to implement three hydroelectric projects -SINDOL-I,II and III, with a total capacity of 320 MW on the Mahnandi river, downstream of Hirakund in Orissa.
The company is currently engaged in the construction of 10 hydroelectric projects with a combined installed capacity of 4,502 MW in the states of Jammu and Kashmir, Himachal Pradesh, West Bengal, Arunachal Pradesh and Assam. Seven new projects with a combined capacity of 5,965 MW are in the clearance and approval stages. These projects will come up in the states of Arunachal Pradesh, Sikkim and Uttarakhand. With the commissioning of these projects, the company aspires to become a 9,500 MW company in the coming years.