NHPC Ltd, India’s leading hydropower company, has announced a plan to invest ₹8,000 crore for capital expenditure in the financial year 2025-26. This is slightly lower than the ₹8,700 crore allocated for FY25. The investment will focus on expanding hydroelectric power generation and boosting renewable energy capacity.
NHPC aims to add 1.6 GW (1,600 MW) of new hydroelectric capacity in FY26. This includes ongoing construction of 1,620 MW of projects and the development of 1,490 MW of new projects. The company is committed to increasing clean energy production through hydropower expansion.
A major area of focus for NHPC is pumped storage projects, which help store excess energy and release it when needed. The company has 20 GW (20,000 MW) of pumped storage capacity in its pipeline. As part of this initiative, NHPC will soon begin work on a 640 MW pumped storage project in partnership with Narmada Hydro JV.
Currently, NHPC has 3.14 GW (3,140 MW) of hydroelectric projects under active development. These projects are in various stages of construction and will significantly contribute to India’s renewable energy targets once completed.
With these initiatives, NHPC continues to play a vital role in India's transition to cleaner and more sustainable energy. The focus on hydro and pumped storage projects will help improve energy security and grid stability while reducing dependence on fossil fuels.