(FE)
State-owned NHPC Ltd announced that the company has started operation of the third phase of part capacity of 53.57 MW of the 300 MW Karnisar Solar Power Project, Bikaner. The phase began operational on June 7, 2025.
The company also informed the exchanges about the successful completion of the trial run on June 5, 2025.
With this development, the cumulative commercial operation capacity of the above project has reached 160.71 MW. “The cumulative commercial operation capacity of the above project has reached 160.71 MW out of a total 300 MW,” it said in a regulatory filing.
The COD of balance part capacity will be intimated in due course.
Shares of NHPC were up 2.62 per cent at 9:50 am today to a trading price of Rs 91.63.
Earlier in May, the company had released its fiscal fourth quarter earnings with profit growth of 52 per cent to Rs 919.63 crore in comparison to Rs 605 crore in the January-March period of the preceding 2023-24 fiscal. The profit growth was driven on the back of higher income.
It posted 114 per cent growth in revenue from operations. The board also recommended a final dividend of face value of Rs 10 per share (Re 0.51 per equity share) on the paid-up share capital of the company for FY 2024-25, subject to approval of shareholders in the ensuing Annual General Meeting. This is in addition to the interim dividend of ₹1.40 per equity share for the FY 2024-25 paid in March 2025.
In April, the company had announced that it would consider raising up to Rs 2,000 crore through a private placement of bonds.
