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NHPC meaning in Business ?

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Answer: What is National Hydroelectric Power Corporation mean?

NHPC Limited (erstwhile National Hydroelectric Power Corporation) is an Indian government hydropower board under the ownership of Ministry of Power, Government of India that was incorporated in the year 1975 with an authorised capital of ₹2,000 million and with an objective to plan, promote and organise an integrated and efficient development of hydroelectric power in all aspects. Later on NHPC expanded its objects to include other sources of energy like Solar, Geothermal, Tidal, Wind etc.

At present, NHPC is a Mini Ratna Category-I Enterprise of the Govt. of India with an authorised share capital of ₹150,000 Million . With an investment base of over ₹387,180 Million Approx., NHPC is among the top ten companies in the country in terms of investment. Baira Suil Power station in Salooni Tehsil of Chamba district was the first project undertaken by NHPC.

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