NHPC - Upcoming Hydro, Solar Projects Provide Long-Term Earning Visibility: HDFC Securities Initiates Coverage

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .HDFC Securities Retail Research.NHPC Ltd. is the largest hydropower company in the country and a Mini-Ratna Category-I public sector undertaking. It is involved across the entire chain of hydro power project development – from concept to commissioning. It has an established track record, in-house engineering capabilities and has exhibited strong operational performance over the years. As of FY22, it has a presence across 13 states contributing to 15% of the total installed hydro-electric capacity in India on a consolidated basis having 24 operational projects with an installed capacity of 7071 mega watt (6971 MW Hydro and 100 MW renewable energy). During FY22, NHPC power stations recorded highest power annual plant availability factor of 88.19% and second highest ever annual generation of 24,855 million units. Favorable hydrology of rivers on which most of its projects are located, has helped the company maintain a healthy track record of power generation..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

NHPC - Upcoming Hydro, Solar Projects Provide Long-Term Earning Visibility: HDFC Securities Initiates Coverage

NHPC is available at an attractive dividend yield of 4.3%.

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