Faridabad, Aug. 28 -- NHPC hosted its 50th Annual General Meeting (AGM) on Friday through video conferencing from its Registered Office in Faridabad. Shareholders considered a proposal to declare a final dividend of Rs 0.21 per equity share for FY26, in addition to the interim dividend of Rs 1.40 per equity share paid in February 2026.
Addressing shareholders, CMD Bhupender Gupta highlighted hydropower's growing role in India's clean energy transition, particularly for grid balancing, peaking support and energy storage. He said NHPC aims to achieve 50,000 MW installed capacity by 2047.
NHPC recorded its highest-ever capacity addition of 1,850 MW in FY26 through commissioning of Subansiri Lower (750 MW), Parbati-II (800 MW) and Karnisar Solar (300 MW). Its consolidated installed capacity crossed 9,333 MW, with 17 projects totalling 9,204 MW under construction.
On a standalone basis, NHPC's power stations generated 23,307 MU during FY26 from 7,401 MW installed capacity across 25 stations.
Consolidated net profit stood at Rs 4,220.46 crore, while standalone net profit was Rs 3,617.80 crore.
The company also made progress on the 1,720 MW Kamala HEP, 2,880 MW Dibang Multipurpose Project and 3,097 MW Etalin HEP. Its renewable portfolio includes the 50 MW floating solar project at West Kallada, Kerala, while the 510 MW Teesta-V Power Station in Sikkim was fully restored.
Published by HT Digital Content Services with permission from Millennium Post.