NHPC Limited has signed Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) on Thursday, June 27. The company informs the exchange about the deal on Friday, June 28, stock price rose to Rs.100.54 on NSE (National Stock Exchange).
NHPC Limited signs PPA for 200 NW capacity Solar Power Project within GSECL’s RE Park at Khavda (GSECL Stage-3). The estimated financial implication for the Project would be approximately Rs.846.66 crores. The scheduled completion period for the Project is 15 months from the date of execution.
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About NHPC Limited
Incorporated in 1975, NHPC Limited (Formerly known as National Hydroelectric Power Corporation Ltd.) is the largest hydropower development organization in India. NHPC Limited is a Government of India Enterprise. The company has also diversified in the field of Solar & Wind energy development. NHPC is a listed company on NSE and BSE after successfully concluding its IPO in 2009. NHPC’s total installed capacity as on 31 Mar, 2024 is 7144.20 MW. It’s hydro share of 6971.20 MW comes to about 14.85% of the country’s total installed Hydro capacity of 46928.17 MW.
NHPC has an authorized share capital of Rs. 15,000 crores, paid-up share capital of Rs. 10,045.03 crore and an investment base of Rs. 78802.59 crores as on March 31,2024.
