NHPC registers 15% rise in profit

Country's leading hydro power producer NHPC has registered 15% growth in standalone net profit at Rs 2440 crore in FY15-16, compared with Rs 2124 crore for the corresponding period in the last fiscal year.

Sales during FY16 also rose 9% to Rs 7347 crore compared with Rs 6737 crore in the corresponding period of the last fiscal year.

The total cumulative power generation of all NHPC power stations for FY15-16 was 23683 MU — the highest ever generation by the company. NHPC has also achieved 81.6% actual Plant Availability Factor (PAF).

NHPC has crossed 5000 MW standalone capacity and currently has consolidated 6587 MW, with total 20 operating power stations and 2 units of TLDP-IV Project.

Apart from this, the company has a total of 5 projects under construction with 4 hydro-power projects, with total installed capacity at 3290 MW, which includes Teesta Low Dam Stage-IV (160 MW), Kishanganga (330 MW), Parbati-II (800 MW) & Subansiri Lower (2000 MW) and a wind project (50 MW) in Jaisalmer, Rajasthan, which is nearing completion.