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NHPC Plans 27 GW Hydro & Solar Power Projects

NHPC ltd. a Mini-Ratna company under the Ministry of Power, has plans to set up new hydro and solar power projects of more than 27,000 MW capacity in nine states and neighboring country Nepal.

The new capacities would come up in Uttar Pradesh, Bihar, Odisha, Rajasthan, Tamil Nadu, Kerala, Maharashtra and Andhra Pradesh.

Talking about the funding, Mr. Abhay Kumar Singh, CMD, NHPC said in an interview to PTI on “At present NHPC will not have a problem in making a capital expenditure of Rs 10,000 crore. We are in profit of about Rs 3,500 crore and it will increase further to Rs 5,000 crore substantially helping us to increase our capex to Rs 13,000 crore“.