NHPC Limited, a Navratna Enterprise of the Government of India, announced that its Board of Directors met on Tuesday, April 14, 2026, to approve a significant financial strategy. The meeting, which concluded at 2:00 P.M., resulted in the approval of a proposal to monetize future cash flows (Return on Equity) from the Uri-II and Dhauliganga Power Stations. This monetization is planned for a 10-year period in a single tranche during the financial year 2026-27.

The board’s decision specifically targets the monetization of future cash flows from the Uri-II and Dhauliganga Power Stations or any other power station(s) as deemed appropriate. This move is intended to unlock value over a decade-long horizon starting in F.Y. 2026-27. The proposal reflects the company’s proactive approach to financial management and capital optimization within its hydroelectric portfolio.

NHPC Limited is India’s premier hydroelectric utility, primarily engaged in the generation and sale of bulk power to various state utilities. In 2025, the company significantly expanded its renewable footprint, including the commercial operation of 107.14 MW at the Karnisar Solar Power Plant in Rajasthan in April 2025. Throughout 2025, NHPC also secured strategic partnerships, such as a Memorandum of Understanding with BEML for advanced desilting solutions and a Joint Venture with APGENCO for green energy projects.

During the financial year 2025, the company demonstrated steady performance, reporting a total revenue of ₹9,016.32 Crores and a Profit After Tax of ₹3,083.98 Crores for the fiscal year ending March 2025. Notable investors include the President of India, holding a 67.4% stake, and the Life Insurance Corporation of India (LIC), which held approximately 5.1% as of late 2025. The company also raised ₹2,489 Crores via 7.20% AE Series Bonds in January 2025 to support its ongoing capital expenditure and expansion plans.