NHPC Ltd. Commences Operation of 53.57 MW Phase of Karnisar Solar Power Project
FE Business State-owned NHPC Ltd. has announced the successful start of operation of the third phase of the part capacity of 53.57 MW of the 300 MW Karnisar Solar Power Project in Bikaner. The phase began operational on June 7, 2025, with the company also informing the exchanges about the successful completion of the trial run on June 5, 2025. This development marks a significant milestone for the project, with the cumulative commercial operation capacity now reaching 160.71 MW. The company has stated that the COD of the balance part capacity will be intimated in due course.
Key Takeaways:
- NHPC Ltd. has successfully started operation of the third phase of the part capacity of 53.57 MW of the 300 MW Karnisar Solar Power Project in Bikaner.
- The phase began operational on June 7, 2025, with the trial run completed on June 5, 2025.
- The cumulative commercial operation capacity of the project has reached 160.71 MW out of a total 300 MW.
- The company has recommended a final dividend of face value of Re 1 per share on the paid-up share capital of the company for FY 2024-25.
- NHPC Ltd. had released its fiscal fourth quarter earnings with profit growth of 52% to Rs 919.63 crore in comparison to Rs 605 crore in the January-March period of the preceding 2023-24 fiscal.
Statistics:
- 53.57 MW: The capacity of the third phase of the part capacity of the Karnisar Solar Power Project.
- 160.71 MW: The cumulative commercial operation capacity of the project out of a total 300 MW.
- 2.62%: The increases in shares of NHPC Ltd. at 9:50 am.
- Rs 91.63: The trading price of NHPC Ltd.'s shares at 9:50 am.
- Rs 919.63 crore: The profit of NHPC Ltd. for the fiscal fourth quarter, a 52% growth from the previous year.
- 52%: The growth in profit for NHPC Ltd.'s fiscal fourth quarter.
- Rs 605 crore: The profit of NHPC Ltd. for the same period in the previous year.
- Re 0.51 per equity share: The face value of the final dividend recommended by NHPC Ltd. for FY 2024-25.
- Rs 2,000 crore: The amount NHPC Ltd. plans to raise through a private placement of bonds.
Sources:
- FE Business
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