NHPC's Solar Venture & Hydropower Capex Plans

23 Feb 2024 CW Team

NHPC, a key player in the energy sector, has announced a foray into the solar domain with a new project while also detailing capital expenditure plans for hydropower projects. This strategic move is anticipated to influence NHPC's share price and underscores the company's commitment to diversifying its energy portfolio.

The unveiling of the solar project marks NHPC's expansion into the renewable energy sector, aligning with broader national objectives of increasing clean energy capacity. Simultaneously, the disclosure of capital expenditure plans for hydropower projects signals the company's focus on strengthening its core competency in hydropower generation.

The impact on NHPC's share price is closely linked to market sentiments surrounding the company's strategic decisions and its outlook in both the solar and hydropower segments. Investors are likely to evaluate the potential of these initiatives in contributing to NHPC's growth and the overall sustainability of its operations.

NHPC's dual approach of venturing into solar energy and reinforcing its commitment to hydropower projects reflects a holistic strategy towards meeting India's evolving energy demands. The market's response to these announcements will shed light on the perceived efficacy of NHPC's diversification efforts and its potential to navigate the changing dynamics of the energy landscape.

Products

06 Oct 2025

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India. The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..