Page 8 - Nhpc

Abhay Kumar Singh takes over as NHPC CMD, replaces Ratish Kumar

State-run hydro power giant NHPC on Monday announced appointment of Abhay Kumar Singh as the company's Chairman & Managing Director from February 24, 2020. It is to inform that pursuance to Ministry of Power on February24, 2020, S Abhay Kumar Singhhas assumed the charge of Chairman and Managing Director of the company on February 24, 2020 till the date of his superannuation i.e. August 31, 2022, or until further orders, whichever is earlier in place of Ratish Kumar who was holding additional charge of the post of Chairman & Managing Director in addition to his duties as Director (Projects), NHPC said in a statement.

NHPC Q2 profit rises 33% to Rs 1,457 cr on higher revenue, income grows YoY

Its consolidated net profit was Rs 1,093.22 crore in the quarter ended on September 30, 2018, a BSE filing said.

NHPC to get Rs 4,500-cr loan from PFC, REC to revive Lanco Teesta project

The company has also put in an expression of interest for Jal Power, another insolvent hydropower unit with a capacity of 120 Mw in Sikkim

NHPC gets debt commitment of Rs 4,500 cr from PFC, REC for Teesta project

The project will be implemented at an estimated project cost of Rs 5,748 crore which includes the bid amount

NHPC to cancel 2520 Mw bids under power purchase agreement over high tariff

State-owned NHPC Limited conducted the second round, which saw lowest tariff of Rs 4.41/unit by 25 companies

NHPC's takeover plan of crisis-hit Teesta-VI hydro power unit faces hiccups

NHPC is also looking at more stressed hydro units but only through the NCLT route

NHPC plans 100Mw solar park in Odisha; invites bids from EPC contractors

NHPC has already commissioned a 50 Mw solar project in Tamil Nadu and another wind power project of equal capacity in Jaisalmer, Rajasthan

NHPC to be 10-Gw company by 2022, plans Rs 3,800-cr capex for next FY

Company is looking at more stressed assets like JAL Power unit in Sikkim

NHPC's Rs 6-billion buyback offer to open on January 1

The share repurchase programme will close on January 14, 2019, the hydro power giant said in a regulatory filing

NHPC board approves buyback of equity shares at Rs 28 apiece for Rs 6 bn

The board has fixed November 30 as the record date for the purpose of determining the entitlement and the names of the shareholders

NHPC moves Supreme Court against Delhi High Court order on arbitral award

An arbitral award was passed in favour of the construction firm on May 6, 2016

NHPC to invest Rs 1,000 cr for 200 Mw solar project in Odisha

NHPC is currently executing a 50 Mw solar project in Tamil Nadu and a 72 Mw wind project in Kerala

NHPC receives shareholders' approval to raise Rs 2,000 cr via bonds

The shareholders also approved the proposal to amend its articles of association of the company

Govt sells 60.48 cr shares in NHPC for Rs 1,950 crore

The company had offered a price of Rs 32.25 per equity share

NHPC to buyback shares worth Rs 2,616 cr

It has appointed SBI Capital Markets Ltd as the manager to the buyback offer

NHPC Q3 net up 26% at Rs 215 cr, board approves share buyback

NHPC posted an annual 25.8 per cent jump in its net profit at Rs 214.69 crore for the third quarter

NHPC declares interim dividend; stock surges over 10%

The stock surged 12% to Rs 30.80, also its 52-week high after the board declared 17% interim dividend for FY17

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

NHPC Q1 net up 7.5% to Rs 858 crore

Income from operations increased to Rs 2,196.79 crore, from Rs 2,001.67 crore in the year-ago period

NHPC to raise Rs 4,500 cr after Subansiri project clearance

Following protests from pressure groups, project has been stalled since Dec 2011 on grounds that seismic activity could pose a risk to people in downstream areas