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State-owned NHPC is undertaking a major expansion of its clean energy portfolio with investments of over Rs 98,000 crore in hydropower projects across the Northeast, Sikkim and Jammu & Kashmir
NHPC shares fell 3 per cent after its second-quarter earnings for the financial year 2025-26 missed the street's expectations
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State-owned hydro power giant NHPC on Thursday posted a nearly 15 per cent rise in its consolidated net profit to Rs 1,219.28 crore in the September quarter compared to a year ago, mainly on the back of higher revenues. The company had a consolidated net profit of Rs 1,060.34 crore in the quarter ended on September 30, 2024, according to a regulatory filing. Total income rose to Rs 3,629.98 crore in the quarter against Rs 3,402.09 crore in the same period a year ago.
State-owned NHPC on Friday declared commercial operation of its 300 MW solar project in Rajasthan. The development comes after the successful trial run of the final phase of the 85.72 MW part capacity of the 300 MW Karnisar Solar Project in Bikaner, which was completed last Friday, NHPC said in a stock exchange filing. The company also received approval of Punjab State Electricity Regulatory Commission (PSERC) on Thursday, it said. NHPC Ltd said it has declared the commercial operation of the full 300 MW capacity of the Karnisar solar project in Bikaner, Rajasthan with effect from October 16.