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NHPC achieved its highest ever annual generation of 24,193 MU in FY 2018-19

NHPC achieved its highest ever annual generation of 24,193 MU in FY 2018-19

New Delhi: NHPC Limited, hosted its 43rd Annual General Meeting (AGM) at Faridabad on September 23, 2019. Balraj Joshi, CMD, NHPC addressed the shareholders at the AGM wherein members of NHPC Board and Company Secretary, NHPC were also present.

While addressing the gathering, Balraj Joshi highlighted various achievements made by NHPC. Joshi informed that the company had earned total revenue and revenue from operations (net) of Rs. 9,086 crore and Rs. 8,161 crore respectively during FY 2018-19. He also said that NHPC had achieved its highest ever annual generation of 24,193 Million Units (MUs) surpassing the previous highest generation of 23,404 MUs during financial year 2015-16.

Balraj Joshi further informed that NHPC had been appointed as 'Aggregator' under Pilot Scheme-II by Ministry of Power for procurement of aggregated power of 2500 MW for three years through the nodal agency 'PFC Consultancy Limited'. The company has also received CCEA approval for incurring expenditure on pre-investment activities and various clearances for Dibang Multipurpose Project (2880 MW) in Arunachal Pradesh for an amount of Rs. 1,600 crore.

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