On approval, the total dividend payout for the financial year 2018-19 will be more than 5% of net worth and approximately 56% of the profit after tax. NHPC Limited has signed a definitive agreement for implementation of the approved resolution plan for takeover of Lanco Teesta Hydro Power Limited. Your Company is committed to fulfill stakeholders'' aspiration and contributing to sustainable development of people, planet and the organization. So, get ready to be a part of such a wonderful field as National Hydroelectric Power Corporation i.e. On business expansion front, investment expenditure for pre-investment activities and various clearances of Dibang Multipurpose Project (2,880 MW) in the state of Arunachal Pradesh has been approved by the Cabinet Committee on Economic Affairs (CCEA) on the recommendations of Project Investment Board (PIB). NHPC name of the chairman and the name of the company secretary. New Delhi: NHPC Limited’s Chairman & Managing Director (CMD) AK Singh laid the foundation stone of head regulator works of Indo-Nepal link canal at Barrage of 94.2 MW Tanakpur Power Station of NHPC located in Banbasa, District Champawat (Uttarakhand) on December Tuesday. In this endeavor, the Company has already paid an interim dividend of Rs 0.71/- per share in March, 2019 and has recommended a final dividend of Rs 0.75/- per equity share for financial year 2018-19, subject to your approval. NHPC Limited (erstwhile National Hydroelectric Power Corporation) is an Indian Hydropower generation company that was incorporated in the year 1975 with an authorised capital of Rs. Carlos Ghosn, former chairman of Nissan Motor Co., leaves his lawyer's office in Tokyo, Japan, on Thursday, May 23, 2019. Chairman & Managing Director Shri Abhay Kumar Singh (58 years) is the Chairman and Managing Director of NHPC Ltd. The previous record was of 23,404 MUs during financial year 2015-16. The year 2018-19 has been an eventful and notable year for your Company on operational, financial as well as business expansion fronts. However, I would like to mention that in addition to existing standalone operational capacity of 5,551 MW, two projects with total capacity of 2,800 MW are under different stages of construction. On financial front, total income of Company increased to Rs 9,085.96 crore registering a growth of 9% over the total income in financial year 2017-18. The year 2018-19 has been an eventful and notable year for your Company on operational, financial as well as business expansion fronts. NHPC Limited has signed an agreement regarding the “takeover and resolution” of Lanco Teesta Hydro Power Limited, which has been developing the 500-MW Teesta VI hydroelectric project in India. This is a reflection of efficient operation as well as efforts of our operations and maintenance teams. The company would supply power at a levelised tariff of Rs 4.07 per unit and the project would be completed in next five years, NHPC Chairman and MD Balraj Joshi had said. Ours is one of the fastest growing economy in the world and this creates immense opportunities for us to grow, expand and multiply. Being a listed company, NHPC has been making sincere efforts to comply with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to the extent it is within the ambit of the management of the Company. HDFC Bank Q3 takeaways: Assets quality in good shape, loan recast demand low, Kunal Bothra's trading ideas for this week, HDFC Bank Q3 results: Profit rises 18% to Rs 8,758 cr YoY, beats Street estimates; NII up 15%, IRB InvIT Q3 results: Revenue almost flat at Rs 333 crore, Dalal Street week ahead: Nifty50 is now over-extended, may slip into consolidation, Why Chancellor’s capital cycle approach is considered best for long-term investing, Takeaways: RBI governor Das’ warning to financial markets, view on fiscal spending, Pharma, IT rally not over yet; there is more meat in midcaps: Analysts, RBI ready to examine if there is govt proposal for bad bank, says Governor Das, Looking at the Sensex, one thinks problems are over. NHPC in joint venture with Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is also in the process of setting up a 32 MW solar power project in Uttar Pradesh. Never miss a great news story!Get instant notifications from Economic TimesAllowNot now, BSE:533098  |  NSE:NHPCEQ  |  58888:  |  IND:Power Generation - Hydro  |  ISIN code:INE848E01016  |  SECT:Power. I convey my sincere appreciation to my esteemed colleague Board members for their continued support. NHPC is proud to get the opportunity to work for the Indian army. Ram Prasad Bhandari Chairman 3 | Page The definitive agreement was signed Oct. 4. The project is having all statutory clearances except Forest Clearance (Stage-ll) for seeking investment sanction from Govt. Further, your company has also installed 1.00 MWp Solar Power Plant at rooftop of different buildings of NHPC Residential Complex, Faridabad in June, 2019. I take this opportunity to convey my gratitude to all stakeholders, business partners, customers, CERC and various Ministries of Govt. PTI; October 04, 2019, 17:26 IST NHPC in joint venture with Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is also in the process of setting up a 32 MW solar power project in Uttar Pradesh. NHPC view the board of directors and their designations of the various companies, the name of the chairman and the name of the company secretary. The Company has also inked Memorandum of Understanding (MoU) with: • Jammu and Kashmir State Power Development Corporation Limited (JKSPDC) and Government of Jammu & Kashmir (GoJK) for implementation of Ratle HE Project (850 MW) in the state of Jammu & Kashmir through a Joint Venture Company; • BHEL for joint bidding in consultancy and hydro-electric projects; • NLC India Limited for trading of power. Various States for extending support in our endeavors year 2019 – 20 and various Ministries of Govt comparison an. 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