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NHPC gains as its arm commissions 88 MW Omkareshwar Floating Solar Power Plant NHPC is currently trading at Rs. 82.04, up by 1.47 points or 1.82% from its previous closing of Rs. 80.57 on the BSE. The scrip opened at Rs. 80.76 and has touched a high and low of Rs. 82.93 and Rs. 79.89 respectively. So far 950982 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.45 on 15-Jul-2024 and a 52 week low of Rs. 49.20 on 01-Nov-2023. Last one week high and low of the scrip stood at Rs. 82.93 and ...
NHPC gains as its arm commissions 88 MW Omkareshwar Floating Solar Power Plant
NHPC gains as its arm commissions 88 MW Omkareshwar Floating Solar Power Plant
Source: Accord Fintech
2024-10-30 02:30:20 pm
NHPC gains on signing Joint Venture Agreement with APGENCO NHPC is currently trading at Rs.95.61, up by 0.34 points or 0.36% from its previous closing of Rs. 95.27 on the BSE. The scrip opened at Rs. 95.44 and has touched a high and low of Rs. 96.15 and Rs. 94.41 respectively. So far 556034 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.45 on 15-Jul-2024 and a 52 week low of Rs. 48.48 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs. 96.15 and R...
NHPC gains on signing Joint Venture Agreement with APGENCO
NHPC gains on signing Joint Venture Agreement with APGENCO
Source: Accord Fintech
2024-09-30 11:09:31 am
NHPC soars on securing `Navratna Status` from Government of India NHPC is currently trading at Rs. 97.95, up by 1.75 points or 1.82% from its previous closing of Rs. 96.20 on the BSE. The scrip opened at Rs. 99.78 and has touched a high and low of Rs. 100.50 and Rs. 97.71 respectively. So far 3687506 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.45 on 15-Jul-2024 and a 52 week low of Rs. 48.48 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs. 100.50 a...
NHPC soars on securing `Navratna Status` from Government of India
NHPC soars on securing `Navratna Status` from Government of India
Source: Accord Fintech
2024-09-02 11:15:27 am
Indian state-run firms set to issue long term bonds to meet investor demand Indian state-run companies are poised to raise about 50 billion rupees ($595.61 million) through long-term securities over the next two weeks, as falling government bond yields and reduced state debt supply leave investors starved for opportunities. At least four state-run firms—THDC India, NHPC, India Infrastructure Finance, and Indian Renewable Energy Development Agency — which have not been frequent issuers, are set to tap the market with bond offerings ranging from 10 to 15...
Indian state-run firms set to issue long term bonds to meet investor demand
Indian state-run firms set to issue long term bonds to meet investor demand
Source: Reuters
2024-08-22 03:53:02 pm
Buy NHPC Ltd For Target Rs. 111 By JM Financial Services NHPC reported consolidated net revenue of INR 27bn (-2% YoY, -3% JMFe) due to 3% YoY less generation (low water level in reservoirs). EBITDA stood at INR 14.6bn (-3% YoY, +12% JMFe), Adj PAT at INR 10bn (-1% YoY, +0% JMFe). INR 1.4bn and INR 1.02bn of expenses on account of interest on arbritation award and other income due to write back of past provisions were one-offs during 1QFY25. All adjustment in respect of flash floods in river Teesta (Oct’23) were completed during 4QFY24. With s...
Buy NHPC Ltd For Target Rs. 111 By JM Financial Services
Buy NHPC Ltd For Target Rs. 111 By JM Financial Services
Source: JM Financial Services
2024-08-09 11:00:52 am
Tata Power Renewable Energy, NHPC to drive solar initiative for government buildings pan-India Tata Power Renewable Energy Limited (TPREL) on Thursday joined NHPC Renewable Energy Limited (NHPC-REL) to spearhead the installation of rooftop solar projects on government buildings across the country. This initiative, under the ambitious PM Surya Ghar Yojna Scheme, aims for 100 per cent solarisation of government-owned buildings by December 2025. "By leveraging our combined strengths, we are confident in achieving our goal of 100 per cent solarisation by 2025, setting a benchmar...
Tata Power Renewable Energy, NHPC to drive solar initiative for government buildings pan-India
Tata Power Renewable Energy, NHPC to drive solar initiative for government buildings pan-India
Source: IANS
2024-07-18 11:43:10 am
NHPC ropes in Norway`s Ocean Sun for floating solar technology  Public sector hydropower giant NHPC Ltd has signed a Memorandum of Understanding with Ocean Sun, a Norwegian company operating as a technology provider to the floating solar industry. According to the agreement, NHPC and Ocean Sun will explore key areas of cooperation for demonstration of Ocean Sun’s floating solar energy technology based on photovoltaic panels. The panels would be mounted on hydro-elastic membranes, at relevant sites to be identified by NHPC, the Ministry of P...
NHPC ropes in Norway`s Ocean Sun for floating solar technology
NHPC ropes in Norway`s Ocean Sun for floating solar technology
Source: IANS
2024-04-30 02:13:30 pm
Buy NHPC Ltd For Target Rs. 97 - Choice Broking NHPC is presently trading at ?86, having recently broken out of its daily trendline with a notable surge in trading volume. This breakout suggests potential further upward movement, with projected price targets set at ?97. A significant support level is identified near ?80.5 on the downside. Furthermore, NHPC is currently trading above key Exponential Moving Averages (EMAs), including the 20-day, 50-day, 100-day, and 200-day EMAs. This indicates a robust bullish momentum, signaling the lik...
Buy NHPC Ltd For Target Rs. 97 - Choice Broking
Buy NHPC Ltd For Target Rs. 97 - Choice Broking
Source: Choice Broking
2024-04-28 11:08:40 am
MSCI India index rebalancing could see inclusion of 18 stocks with inflow of $2.7 bn MSCI India Standard Index rebalancing announcement scheduled on May 14 is expected to see one of the largest inclusions of 18 stocks with inflows of $2.7 billion. JM Financial Institutional Securities said the price cut-off date for the rebalancing is any of the last 10 business days in the month of April. “Based on the current price, we expect the following inclusions and exclusions. However, the list is subject to change, depending on the stock price prevailing during the cut-of...
MSCI India index rebalancing could see inclusion of 18 stocks with inflow of $2.7 bn
MSCI India index rebalancing could see inclusion of 18 stocks with inflow of $2.7 bn
Source: IANS
2024-04-09 12:33:35 pm
Reduce NHPC Ltd. For Target Rs.77 By Elara Captil Muted generation drags financials Subdued generation led by seasonality NHPC’s (NHPC IN) 9MFY24 generation declined 10% YoY to 19.3BU versus 21.6BU in the corresponding period last year. Generation in Q3FY24 declined 28% YoY to 2.5BUs as against 3.6BU in Q3FY23. This was led by seasonality. Plant availability factor (PAF) deteriorated to 85.17% in 9M FY24 from 88.75% last year. PAF for Q3FY24 declined to 71.73% ...
Reduce NHPC Ltd. For Target Rs.77 By Elara Captil
Reduce NHPC Ltd. For Target Rs.77 By Elara Captil
Source: Elara Capital
2024-04-01 12:48:33 pm
Buy NHPC Ltd For Target Rs . 85 - JM Financial Institutional Securities NHPC makes a splash NHPC Ltd is the largest hydropower-generating utility in the country with an aggregate installed capacity of 7,071MW (15% of India’s installed hydropower capacity). With 10,515MW of projects under construction (hydro + renewables), the company’s installed capacity with regulated return is set to grow by 3,420 MW by FY26, up by 50% after a gap of 3 years resulting in Revenue/EBITDA/PAT CAGR of 20%/24%/11% over FY23-26E. With a dividend yield of 2.5%, and nati...
Buy NHPC Ltd For Target Rs . 85 - JM Financial Institutional Securities
Buy NHPC Ltd For Target Rs . 85 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
2024-02-22 03:26:44 pm
NHPC shares down more than 4% on offer for sale by government NHPC shares fell more than 4 per cent on Thursday after the central government announced an offer for sale of the company’s shares. NHPC was trading at Rs 69.80 down 4.4 per cent on BSE. The President of India, acting through and represented by the Ministry of Power, Government of India proposes to sell 2.50 per cent of the paid-up equity (equivalent to 251,125,870 equity shares) shares held in NHPC Ltd having a face value of Rs 10/- each on January 18, 2024 (T day) (for non-Retai...
NHPC shares down more than 4% on offer for sale by government
NHPC shares down more than 4% on offer for sale by government
Source: IANS
2024-01-18 12:43:34 pm
NHPC lines up Rs 4,000 crore for 750 MW hydro project in Gujarat  Public sector power major NHPC has signed an MoU with Gujarat Power Corporation Limited for an investment of Rs 4,000 crore in the proposed 750 MW Kuppa Pumped Hydro Storage Project situated at Chhota Udaipur in the state, according to an official statement issued on Thursday. The NHPC and the Gujarat government plan to develop and utilise pumped hydro storage projects as an effective solution for energy storage. The implementation of this project will create significant employment o...
NHPC lines up Rs 4,000 crore for 750 MW hydro project in Gujarat
NHPC lines up Rs 4,000 crore for 750 MW hydro project in Gujarat
Source: IANS
2024-01-05 10:06:35 am
J&K power plant inks pact to supply electricity to Rajasthan for 40 yrs  Ratle Hydro Electric Power Corporation Limited (RHPCL), a joint venture company of NHPC Limited and Jammu and Kashmir State Power Development Corporation, has entered into a Power Purchase Agreement (PPA) for supplying electricity to Rajasthan Urja Vikas and IT Services Limited, the Union Power Ministry said on Thursday. The 850 MW Ratle Hydroelectric Project in J&K’s Kishtwar will provide power to Rajasthan for a period of 40 years from the Commercial Operation Date (COD) ...
J&K power plant inks pact to supply electricity to Rajasthan for 40 yrs
J&K power plant inks pact to supply electricity to Rajasthan for 40 yrs
Source: IANS
2024-01-04 04:40:23 pm
Sembcorp`s renewables unit gets 300 MW solar project from India`s NHPC Singapore's Sembcorp Industries on Thursday said its renewables unit was awarded a 300 mega-watt (MW) solar power project by Indian government-run hydropower producer NHPC Ltd. NHPC in its letter of award confirmed Sembcorp's unit, Green Infra Wind Energy Ltd's (GIWEL) final offer, and committed to buying power output from the project for 25 years under a long-term power purchase agreement, Sembcorp said in a statement. The project will be funded by internal funds and debt, ...
Sembcorp`s renewables unit gets 300 MW solar project from India`s NHPC
Sembcorp`s renewables unit gets 300 MW solar project from India`s NHPC
Source: Reuters
2023-12-14 09:12:32 am
Gensol Engineering inches up on emerging as lowest bidder for NHPC`s Kargil Green Hydrogen Mobility Station EPC Project Gensol Engineering is currently trading at Rs. 810.00, up by 3.90 points or 0.48% from its previous closing of Rs. 806.10 on the BSE. The scrip opened at Rs. 807.60 and has touched a high and low of Rs. 830.00 and Rs. 801.00 respectively. So far 13637 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 945.85 on 18-Oct-2023 and a 52 week low of Rs. 265.68 on 14-Mar-2023. Last one week high and low of the scrip stoo...
Gensol Engineering inches up on emerging as lowest bidder for NHPC`s Kargil Green Hydrogen Mobility Station EPC Project
Gensol Engineering inches up on emerging as lowest bidder for NHPC`s Kargil Green Hydrogen Mobility Station EPC Project
Source: Accord Fintech
2023-11-16 10:11:58 am
NHPC posts record half-year net profit of Rs 2,500 crore  Government-owned NHPC, the country’s leading hydropower company, has registered the highest ever half-yearly standalone net profit of Rs. 2,500 crore, against a net profit of Rs. 2,483 crores for the corresponding previous half-year. NHPC's consolidated net profit for the current half-year is Rs. 2,583 crore against consolidated net profit of Rs. 2,575 crore for the corresponding previous half-year. The NHPC Board approved the financial results for the second quarter and...
NHPC posts record half-year net profit of Rs 2,500 crore
NHPC posts record half-year net profit of Rs 2,500 crore
Source: Reuters
2023-11-08 11:14:00 am