NHPC to invest Rs 4,000 crore for capacity expansion

26 May 2012 Evaluate

NHPC is planning to spend Rs 4,000 crore in the current financial year for capacity expansion of nearly 1,200 megawatts of hydro-power. It has invested Rs 3,546 crore in 2011-12.

For the year ended March 31, 2012, the company’s net profit registered 27.93% growth at Rs 2771.77 crore as compared to Rs 2166.67 crore for the previous year. The company’s total income has increased by 36.90% to Rs 6715.41 crore for the year from Rs 4905.48 crore in the previous year.

NHPC is engaged in the planning, development and implementation of an integrated and efficient network of hydroelectric projects in India. It executes all aspects of the development of hydroelectric projects, from concept to commissioning.

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