Latest news with #NHPCLtd
Time of India
24-07-2025
- Business
- Time of India
City to get eco-friendly library to promote zero carbon emissions
1 2 3 Varanasi: To develop a 'Net Zero Library', MoU was signed by heads of NHPC Ltd (CSR & SD) and Varanasi Development Authority's additional secretary on Wednesday in presence of VDA vice chairman Pulkit Garg and NHPC Ltd's director, Uttam Lal. The proposed Net Zero Library will offer a blend of environmental balance, cultural awareness and modern educational facilities. The project will serve as a milestone in line with PM Narendra Modi's commitment to making India a land of net zero carbon emissions by 2070. The library is being developed by VDA at a cost of Rs 20 crore with financial support from NHPC Ltd to uphold the spiritual city as a model of sustainable urban to VDA, the library's wave-like façade is inspired by the Ganga, reflecting architecture of traditional the holy city's worship sites. Arches, vertical lines and illuminated corridors will give it the form of a temple of knowledge, while combining modernity with tradition. Arranged on three floors, the library will have a multipurpose auditorium, children's reading area, cafeteria and toy zone on the ground floor. First floor of the library will comprise large reading rooms, digital library and a historical-cultural gallery, while second floor will hold the building management system and a biodiverse green terrace. The sustainable and smart structure will be equipped with a solar-powered roof, rainwater harvesting system, energy-efficient HVAC and lighting systems, besides environment-friendly construction materials, water waste treatment and reuse system, 40% energy savings through chilled water circulation and a smart water monitoring and leak detection system. The library's total built-up area is 20,930 square feet with user capacity for 500 people and over 35,000 books. This library is going to be fully accessible for individuals of all ages, classes and abilities. Separate areas are designated for cultural events, workshops and administrative activities. There will not only be a reading space but also a centre for community engagement, lifelong learning and cultural expression. It represents a forward-looking and sustainable initiative for the comprehensive development of Varanasi.
The Hindu
18-07-2025
- Business
- The Hindu
ACME Solar signs agreements with NHPC for setting up two battery energy storage system projects in Andhra Pradesh
ACME Solar Holdings, through its wholly owned subsidiaries, has signed Battery Energy Storage Purchase Agreements (BESPA) with NHPC Ltd. for setting up two standalone Battery Energy Storage System (BESS) projects in Andhra Pradesh with a total capacity of 275 MW/550 MWh. The projects were awarded through an e-reverse auction held late last month at tariffs of ₹2,10,000 per MW per month for 50 MW/100 MWh and ₹2,22,000 per MW per month for 225 MW/450 MWh. The projects will be implemented under the Government of India's Viability Gap Funding (VGF) scheme, which provides financial support of ₹27 lakh per MWh or up to 30% of the total project cost, whichever is lower. Expected to be commissioned within 18 months from signing, the BESS projects will help stabilise the grid by storing power during off-peak hours and discharging it during peak demand. They are also expected to enhance the integration of renewable energy sources like solar and wind, which are inherently intermittent. The initiative is a significant step in India's energy transition, introducing a pioneering 'BESS-as-a-Service' model where capacity charges are payable for storage services, setting a new benchmark for future storage deployments in the country.
Mint
18-07-2025
- Business
- Mint
India ramps up plan to tap potential of Indus basin rivers
NEW DELHI : New Delhi: The Union water ministry is considering roping in state-run hydroelectric power generators NHPC Ltd and SJVN Ltd for developing dams and reservoirs connected to an ambitious river-linking project in Jammu and Kashmir, according to an official aware of the plan. The official was one of three Mint spoke to about the government's plan to link the Indus and Chenab rivers in J&K in order to extract more water from the Indus river system, now that India has suspended its participation in the Indus Water Treaty with Pakistan. The 1960 water-sharing pact came under strain following this year's armed conflict between India and Pakistan. India's goal is to address Delhi's water shortage along with meeting the requirement for irrigation in Haryana, Punjab and Rajasthan by diverting more water from the Indus basin. This would be done by connecting the proposed Indus-Chenab link to the interconnected Ravi-Beas-Sutlej canal system, the people cited above said. Read more: J&K seeks stake, revenue share in NHPC's ₹22,700 crore Sawalkot hydro project The project would in the main rest on canals and tunnels linking the Indus with the Chenab in the first instance. This would be followed by linking the Chenab with three rivers—Ravi, Beas and Sutlej—that feed into Punjab. Punjab and Haryana are considered the bread basket of India. From there, the water would be routed to the 214-km Sutlej-Yamuna Link (SYL) canal—conceived in the 1960s but still under construction—and then to the thirsty capital of Delhi. The IWT already allows India unrestricted use of waters from the Ravi, Beas and Sutlej. It gives Pakistan control over the other three rivers of the Indus Basin—the Indus, Chenab and Jhelum. The Indus begins in Tibet, enters India near Ladakh and then continues westward into Pakistan. By using water from the Indus, New Delhi can limit the water available to Pakistan. 'After linking the Indus and Chenab to the Ravi-Beas-Sutlej system, the plan conceives extending the linkage to the Sutlej-Yamuna Link, transferring the water to the Yamuna, which may ease water issues in the national capital," said one of the three people, all of whom spoke on the condition of anonymity. The Times of India reported on 16 June that the Centre had initiated a pre-feasibility study for constructing a 113-km canal to redirect 18-24 billion cubic metres (BCM) of water from Jammu and Kashmir (J&K) to Punjab, Haryana and Rajasthan. The study would take into account the ecological, topographical, and engineering viability of the project as it passes through the Himalayan terrain. India's plan to enhance water diversion from the Indus basin also involves accelerating the construction of the multipurpose (hydropower, irrigation, drinking) project on the Ujh river—a major tributary of the Ravi—in J&K's Kathua to maximize the country's use of its share of the Ravi water. The government suspended the Indus Waters Treaty with an aim to control the water flow into Pakistan as part of its diplomatic response to the 22 April Pahalgam attack. The tall task However, it's a long road from the drawing board of ministries to the farms of Punjab, Haryana and Rajasthan. The whole project would require two canals or a large-capacity structure like the Narmada Main Canal—an over 500-km canal that forms the backbone of India's largest integrated irrigation and drinking water project, the Sardar Sarovar Project on the Narmada River, said the second person. Further, connecting the Ravi-Beas-Sutlej system to the under-construction Sutlej-Yamuna Link may require dredging along the Yamuna's river-bed to increase its capacity to absorb the excess water, said A.K. Singh, general manager at NTPC, Hydro Headquarters. 'These are long gestation projects. The terrain, the required land acquisition and displacement of communities, various clearances like environment, forest, wildlife, etc., and preparing a detailed project report need to be taken into account. Such a mega-plan involves regulatory gates, generating equipment, water conductor system, etc.," said Abhay Kumar Singh, president, Indian National Hydropower Association (INHA) and former chairman and managing director of NHPC. Read more: India to fast-track hydropower plans on Pakistan-bound rivers after treaty suspension He said it would take a minimum of 6-to-10 years to just finish planning, that too when all stakeholders are on the same page. Besides, political commitment is crucial. Cost is another factor: a project of this scale would require an investment of ₹2-3 trillion. 'River-linking projects are highly capital-intensive. The Centre will have to come up with a budget allocation. State-run companies on their own may not be able to put in the capex required," said an official with a hydro-power company on the condition of anonymity. Queries sent to the Union ministries of Jal Shakti and power, NHPC and SJVN remained unanswered till press time. Another problem is the status of the SYL, which has been stuck for decades. First conceptualized in 1966, the construction of the 214-km SYL was started in 1982 and stalled in 1990 following the killing of project engineers and some workers by militants, amid protests against the project in Punjab. Work has been stuck amid a long-standing dispute between Punjab and Haryana over the quantum of of water to be shared. The Supreme Court in 2020 asked both states to negotiate and move ahead with the construction. Talks have been underway without much movement on the ground. The last meeting was held on 9 July among the chief ministers of Punjab and Haryana and the union minister for Jal Shakti C.R. Patil in the national capital. It remained inconclusive. Punjab water resources minister Barinder Kumar Goyal told Mint that Indus Water Treaty suspension must be duly utilized to fulfil the water needs of his state. "If the centre agrees to share the Chenab water adequately with Punjab and fulfil our water needs, then depending upon the feasibility report we would be ready to share Chenab water with other states such as Haryana – be it through canal or other modes." The water diplomacy Addressing members of the Bharatiya Janata Party in Madhya Pradesh in June, Union home minister Amit Shah said the Indus river water will be taken to Sri Ganganagar in Rajasthan, and that irrigation facilities would benefit large areas, leaving Pakistan water-starved. Recently, the chief minister of Punjab, Bhagwant Singh Mann, also said the decision to keep the IWT in abeyance opens up the possibility of greater utilization of water from the Indus, Jhelum, and Chenab within India. Mann said waters of the western rivers should be allocated to Punjab on a priority and that new storage dams should be built upstream of the Bhakra and Pong dams. The government has already set a plan in motion to fast-track under-construction hydroelectric power projects in J&K and develop new projects with large storage capacities and low-level sluice gates on the Indus, Jhelum, and Chenab rivers, Mint reported on 15 July. Read more: Mint Explainer: India puts Indus Waters Treaty on ice—what's at stake for both sides The Indus basin has the highest hydropower generation capacity in the country—32GW—of which only 15GW is operational. "The proposed move is a win-win situation for Punjab and Haryana. However, the government needs to carry out the feasibility study first to ascertain whether the project is geographically and economically viable as it may include like laying pipes, tunneling, building canal," said Jaskaran Singh Waraich, Chairperson, Department of Defence and National Security Studies, Panjab University, Chandigarh. 'The proposed linking of the Indus and Chenab with the Satluj-Yamuna Link is very much doable. However, the project will take a long time to be completed as it involves tunnelling, building dams, and canals. Also, there would be huge costs involved," said Iftikhar A. Drabu, a Srinagar-based civil engineer who has worked on hydropower projects, including Uri, KishanGanga, and Dulhasti.
Mint
26-06-2025
- Business
- Mint
Om Infra stock soars over 12% on landing ₹199 crore hydro-mechanical order from NHPC
Shares of Om Infra Ltd surged over 12 percent intraday on Thursday, June 26, 2025, following the announcement of a landmark contract worth ₹ 199 crore. The order, awarded by state-run hydropower giant NHPC Ltd, involves turnkey hydro-mechanical works for the Dibang Multipurpose Project, a 2,880 MW power generation facility in Arunachal Pradesh. The substantial order has not only lifted the stock but also reinforced investor confidence in Om Infra's technical capabilities and its focus on strategic water infrastructure projects. The contract comprises two distinct components: Equipment Supply: Om Infra will provide piping, intake and draft tube gates, hoists, mandatory spares, tools, and tackles for the Lot‑5B package—valued at ₹ 167.86 crore on an ex-works and on CIF/CIP basis. Services Package: The firm will manage inland transportation, site handling, installation, testing, commissioning, and performance testing for these supplied components, with this portion valued at ₹ 31.98 crore. Together, these form a comprehensive turnkey contract requiring execution within 46 months from the start date. The combined scope positions Om Infra as a single-point delivery partner—from manufacturing to site commissioning. Om Infra has built its reputation in water management, irrigation, civil construction, and engineering services. MD & CEO Vikas Kothari emphasized that this project leverages the company's deep experience in hydro-mechanical components for large-scale dams, reinforcing its strategic ambition to expand into hydroelectric, pumped-storage, and water-management sectors. Adding to its ongoing projects, this ₹ 199 cr contract significantly boosts Om Infra's revenue visibility, providing a medium-term pipeline and scope for margin expansion through high-value engineering services. The successful execution of complex hydro-mechanical contracts like the Dibang project bolsters Om Infra's credentials in handling sophisticated, technically-intensive work—a key advantage in winning future tenders tied to national initiatives like the Jal Jeevan Mission and other hydropower and irrigation schemes. In his remarks, Mr. Kothari highlighted Om Infra's commitment to quality, efficiency, and technological integration during project execution. With a 46-month timeline, the firm has sufficient runway to stage orderly delivery, potentially translating into improved profitability and steady revenue accrual over multiple fiscal years. The deal also enables the firm to 'support regional development and strengthen our standing as a trusted infrastructure partner,' aligning with national priorities. The Dibang project itself, as India's largest hydropower facility, underscores the scale and prestige attached to this contract. On the news, Om Infra's shares hit a day's high of ₹ 146.50, gaining nearly 12.5 percent. Despite the rally, the stock remains 36 percent below its 52‑week high of ₹ 227.90 reached in August 2024, and 56 percent above its 52‑week low of ₹ 94 seen in April 2025. Over the past year, the stock has declined approximately 22 percent, reflecting volatility amid broader market and sector-specific factors. However, the company has progressively clawed back up 8 percent in June, following incremental gains of 12 percent in May, 0.6 percent in April, and 9 percent in March—even after significant corrections of 27 percent in February and 10 percent in January.
Mint
26-06-2025
- Business
- Mint
Om Infra stock soars over 12% on landing ₹199 crore hydro-mechanical order from NHPC
Shares of Om Infra Ltd surged over 12 percent intraday on Thursday, June 26, 2025, following the announcement of a landmark contract worth ₹ 199 crore. The order, awarded by state-run hydropower giant NHPC Ltd, involves turnkey hydro-mechanical works for the Dibang Multipurpose Project, a 2,880 MW power generation facility in Arunachal Pradesh. The substantial order has not only lifted the stock but also reinforced investor confidence in Om Infra's technical capabilities and its focus on strategic water infrastructure projects. The contract comprises two distinct components: Equipment Supply: Om Infra will provide piping, intake and draft tube gates, hoists, mandatory spares, tools, and tackles for the Lot‑5B package—valued at ₹ 167.86 crore on an ex-works and on CIF/CIP basis. Services Package: The firm will manage inland transportation, site handling, installation, testing, commissioning, and performance testing for these supplied components, with this portion valued at ₹ 31.98 crore. Together, these form a comprehensive turnkey contract requiring execution within 46 months from the start date. The combined scope positions Om Infra as a single-point delivery partner—from manufacturing to site commissioning. Om Infra has built its reputation in water management, irrigation, civil construction, and engineering services. MD & CEO Vikas Kothari emphasized that this project leverages the company's deep experience in hydro-mechanical components for large-scale dams, reinforcing its strategic ambition to expand into hydroelectric, pumped-storage, and water-management sectors. Adding to its ongoing projects, this ₹ 199 cr contract significantly boosts Om Infra's revenue visibility, providing a medium-term pipeline and scope for margin expansion through high-value engineering services. The successful execution of complex hydro-mechanical contracts like the Dibang project bolsters Om Infra's credentials in handling sophisticated, technically-intensive work—a key advantage in winning future tenders tied to national initiatives like the Jal Jeevan Mission and other hydropower and irrigation schemes. In his remarks, Mr. Kothari highlighted Om Infra's commitment to quality, efficiency, and technological integration during project execution. With a 46-month timeline, the firm has sufficient runway to stage orderly delivery, potentially translating into improved profitability and steady revenue accrual over multiple fiscal years. The deal also enables the firm to 'support regional development and strengthen our standing as a trusted infrastructure partner,' aligning with national priorities. The Dibang project itself, as India's largest hydropower facility, underscores the scale and prestige attached to this contract. On the news, Om Infra's shares hit a day's high of ₹ 146.50, gaining nearly 12.5 percent. Despite the rally, the stock remains 36 percent below its 52‑week high of ₹ 227.90 reached in August 2024, and 56 percent above its 52‑week low of ₹ 94 seen in April 2025. Over the past year, the stock has declined approximately 22 percent, reflecting volatility amid broader market and sector-specific factors. However, the company has progressively clawed back up 8 percent in June, following incremental gains of 12 percent in May, 0.6 percent in April, and 9 percent in March—even after significant corrections of 27 percent in February and 10 percent in January. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
