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NHPC shares in focus on 600 MW supply from Parbati-II hydro project, Bikaner solar project connected to ISTS

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The state-owned NHPC shares will focus on Tuesday after announcing that it has launched a commercial supply of 600 mW of electricity from three units of the Parvati II Hydro Project in Himachal Pradesh, which came into effect on April 1.

The Parbati-II project consists of four 200 MW units, and according to regulatory submissions, the remaining Unit 4 trial version and the commercial operation date (COD) will be announced in time.

The filing stated that after the successful trial, the NHPC has declared commercial operations of units 1, 2 and 3 (200 mW each) of the Parvati II Hydro Project, effective from 00:00 hours on April 1, 2025.

The Parbati Hydroelectric Project (Stage-II) is a river flow scheme designed to exploit the potential of hydroelectric power generation downstream of the Parbati River. The project will divert the river through a concrete gravity dam in Pulga village, Parvati Valley, with a 31.52 km long headlace tunnel. The power plant is located in Suind Village, Sainj Valley.

Bikaner’s 300 MW Project Connected to ISTS

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The company announced on Monday that Bikaner’s 300 MW solar project has been successfully connected to an interstate transmission system (IST) and has begun injecting 31 MW of power into the grid.

The company said, “The 300 MW Bikaner solar project is connected to the IST and as of 31.03.2025, we have begun to inject 31 MW of electricity into the grid.”

The commercial declaration for the 100 MW component capacity, which will be rolled out in stages, will be announced soon.

The entire 300 MW solar project is expected to be fully commissioned by August 31, 2025.

NHPC Stock Price

The company’s stock fell 8.36%, with sector performance down 8.3% over the past year. Meanwhile, the stock has offered a 195% return over the past three years. NHPC has worse returns over the year than Nifty50, Sensex, industry and sector.

NHPC Ltd, the government of India’s Mini Ratna Category I Enterprise, is one of the largest organizations in the country in the field of hydropower development. The company is committed to planning, developing and implementing a comprehensive and efficient network of hydroelectric power projects across India, with a focus on generating clean and sustainable forces.

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