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NHPC plans to bring on stream 1,080 MW of hydropower by the end of the Eleventh Plan (2007-12).
Mr A.B.L. Srivastava, Chairman and Managing Director, NHPC, told Business Line that the capex for the current fiscal was Rs 5,090 crore and would be met through internal resources, subordinate debt from the Government of India, market borrowings and proceeds from its initial public offer.
For the year ended March 31, 2011, NHPC net profit was Rs 2,166 crore (Rs 2,090 crore). Sales were Rs 4,046 crore against Rs 4,153 crore.
Ongoing Projects
Mr Srivastava said 10 projects totalling 4,502 MW of installed capacity were under construction. In the next five years, NHPC would be a 9,500 MW company.
The initial target for the 11th Plan of 5,322 MW was revised to 3,500 MW. Up to now 1,150 MW has been added and 1,080 MW is slated for addition before the end of the plan period.
Ongoing projects are 45 MW at Nimoo-Bazgo, 44 MW at Chutak, 330 MW Kishanganga and 240 MW Uri II (all in Jammu & Kashmir). Besides this, NHPC has the 800 MW Parbati-II, 231 MW Chamera-III and 520 MW Parbati-III in Himachal Pradesh. The 132 MW Teesta Low Dam-III and 160 MW Teesta Low Dam-IV are in West Bengal, while Subansri Lower project of 2000 MW is in Arunchal Pradesh.
NHPC is also looking for Government clearances for projects totalling 9,651 MW. Of this, seven totalling 5,965 MW will be done by NHPC on its own.
The others such as the 66 MW Loktak Downstream is in association with the Government of Manipur, three projects with the Jammu and Kashmir Government and the 1,500 MW Tipaimukh in Manipur with Sutlej Vidyut Nigam Ltd and the Manipur Government.
OVERSEAS OFFER
Mr Srivastava said NHPC had got an offer to evince an expression of interest from Nigeria for development of hydroelectric projects.
The offer was being evaluated.
NHPC has also signed a memorandum of understanding with Russian power generator JSC RusHydro.
This was for co-operation for hydropower projects in India and also elsewhere where the partners thought fit to bid together, he said.
NHPC operates 14 hydro stations totalling a capacity of 5295 MW and generated 18,604 million units last year.
The stations achieved a plant availability factor of 85.2 per cent.
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