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NHPC’s Net Profit jumps 15% during FY 2015-16

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Chennai: NHPC Limited, India’s premier hydropower company and a ‘Mini Ratna’ Category-I Enterprise of the Government of India has achieved significant targets and milestones for the Financial Year 2015-16.

The NHPC Board approved the FY 15-16 Audited Financial Result in their meeting held on May 28, 2016. NHPC has reported a 15% growth in the standalone net profit at Rs 2440 crore in the FY 2015-16 compared to Rs.2124 crore for the corresponding period in the last fiscal year. Sales for the FY 2015-16 also rose by 9% to Rs 7347 crore compared to Rs 6737 crore for the corresponding period in the last fiscal year.

The total cumulative power generation of all NHPC power stations for FY 2015-16 has been 23683 MU against the “Excellent Target” of 22000 MU. This is the highest ever generation by NHPC. NHPC has also achieved 81.6% actual Plant Availability Factor (PAF) against ‘Excellent’ MOU PAF target of 76.8%.

NHPC has crossed 5000 MW capacity at standalone and currently has 6587 MW on consolidated basis with a total of 20 operating power stations and 2 units of TLDP-IV Project. 18 power stations are operated by NHPC while 2 are operated by NHDC a subsidiary company.

Apart from this, the company has a total of 5 projects under construction with 4 hydro- power projects with total installed capacity 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.

NHPC Net profit


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