Slide 1: Investor Presentation Financial Year 25-26
Clean Power For Every Home INVESTOR PRESENTATION FINANCIAL YEAR 25-26 : March 2026 Salal Power Station, J&K
Slide 2: Presentation Outline
Presentation Outline 2 NHPC Today Financial Highlights Financial Ratios Projects at a Glance & New Initiatives Projects under Operation Our Vision: To be a global leading organization for sustainable development of clean power through competent, responsible and innovative values.
Slide 3: NHPC-Today
NHPC-Today 3 Subansiri Lower, Assam & Arunachal Parbati-II, Himachal NHPC-Energising India With Hydropower
Slide 4: Consolidated Physical Snapshot
CONSOLIDATED PHYSICAL SNAPSHOT Uri I Stage-II 4 Ratle Kwar Kishanganga Chutak • Incorporated in 1975 with authorised capital of ₹ 200 crore, Uri I Nimoo Bazgo Kiru Dulhasti Stage-II Uri II the present authorised capital is ₹ 17500 crore (Paid Up Salal J&K Dulhasti Pakal Dul Capital ₹ 10,045 crore) B
Slide 5: Consolidated Physical Snapshot
CONSOLIDATED PHYSICAL SNAPSHOT 5 Power Stations under Operation: Hydro Power is 9.65% (51415 MW) of Installed • Hydro – 24 Nos. - 8771 MW (Details at slide 44-46) All India Installed Capacity (532740 MW*). • Solar & Wind – 7 Nos. - 562 MW (Details at slide 46-47) Capacity • Total – 31 Nos. - 9333
Slide 6: NHPC's Track Record – A Ten Year Digest
NHPC’s Track Record – A Ten Year Digest Consolidated Generation (in M.U.) 6 Actual FY’26 Actual FY’25 30236 28471 30063 29600 28024 26331 27139 26285 24298 25532 •Country •Country Generation Generation 1848 BU 1829 BU •Share of Hydro •Share of Hydro Power 167 BU Power 149 BU (9%) (8%) Year 2016-17 2
Slide 7: Financial Highlights
7 Financial Highlights Sewa II, UT of J&K Chamera I, Himachal Clean Power For Every Home
Slide 8: Financial Highlights: Consolidated
Financial Highlights : Consolidated FY’26 FY’25 % Change 8 ₹ In Crore Particulars Full Year Qtr-4 Full Year Qtr-4 Full Qtr-4 Revenue & Expenditure-Analysis Year Revenue FY’26 Expenditure FY’26 Other Employee Revenue from Operation Income Benefit 11615.29 2815.53 10379.86 2346.97 11.90 19.96 Expenses
Slide 9: Statement of Assets & Liabilities: Consolidated
Statement of Assets & Liabilities: Consolidated ₹ In Crore Equity and Liabilities Share Holder’s Funds FY’26 41437.18 FY’25 39668.16 9 Non-Controlling Interest 6967.67 5494.90 Long Term Borrowings 46173.52 35681.73 Long Term Lease Liabilities 175.84 114.02 Deferred Tax Liabilities 1745.39 2904.49 Ot
Slide 10: Debtors Position: Consolidated
Debtors Position: Consolidated ₹ In Crore Total Debtors 10 S. N. Particulars As on As on As on As on As on 31.03.2026 31.12.2025 30.09.2025 30.06.2025 31.03.2025 1 Trade Receivables 2630 2329 3466 3452 2573 (including (including (including (including (including unbilled debtors unbilled debtors unbi
Slide 11: Incentives Position: Consolidated
Incentives Position: Consolidated Comparative Incentive YoY (₹ in Crs.) 11 Sl. Particulars FY25-26 FY24-25 Q-1 Q-2 Q-3 Q-4 Total Q-1 Q-2 Q-3 Q-4 Total 1 Secondary Energy 2.53 228.03 230.27 109.15 569.98 56.40 255.56 109.50 123.86 545.32 2 PAF Incentives 0.50 12.53 38.58 245.35 296.96 0.24 16.74 35.0
Slide 12: Key Financials: FY'26 Consolidated
Key Financials :FY’26 Consolidated P&L Consolidated Balance Sheet Consolidated 12 ₹ In Crore Total Income 12686 Share Capital 10045 EBITDA 7454 Net worth 41437 EBITDA Margin 59% Long Term Debt 46174 PAT (owners of parent co.) 3766 Cash & Bank Bal. 3651 Profit Margin 36% Gross Block 75319 Dividend Pa
Slide 13: NHPC – Key Ratios
NHPC – Key Ratios S. No. Particulars FY’26 FY’25 13 Particulars Standalone Consolidated Standalone Consolidated 1. PAT (₹ in Cr.) 3617.80 3765.74 3083.98 3006.67 2. Net-worth (₹ in Cr.) 39972.27 41437.18 38348.48 39668.16 3. No. of Equity Shares (In Cr.) 1004.50 1004.50 1004.50 1004.50 4. EPS (₹) 3.
Slide 14: NHDC Ltd. (Subsidiary) – Snapshots: FY 25-26
NHDC Ltd. (Subsidiary) – Snapshots : FY 25-26 Shareholding Pattern : 51:49 (NHPC : GoMP) 14 Physical Performance Installed Capacity : 1616 MW 96.56% 97.85% 7,000 97.42% 6,209 100% 5,444 96.43% 5,575 6,000 98% 92.74% 4,473 5,000 Design Energy : 2379 MUs 4,000 2,645 96% 3,000 94% 2,000 1,000 92% Gener
Slide 15: Consolidated Capacity Addition & Regulated Equity (Hydro)
NHPC – Consolidated Capacity Addition & Regulated Equity (Hydro) Progressive Capacity Addition 40000 Progressive Regulated Equity 15 36552 36552 Cap. Add. 29-30/ 35000 Cuml. Cap. 13905 MW 32172 30672 31364 Teesta VI : 500 MW, Uri-I Stage-II : 240 MW Dulhasti Stage-II : 260 MW 30000 (Total – 1000 MW)
Slide 16: NHPC – CAPEX
NHPC – CAPEX F.Y Amount (₹ In Remarks 16 Crore) 2018-19 2213 (Actual) 2019-20 4155 (Actual) 2020-21 3568 (Actual) 2021-22 5166 (Actual) 2022-23 6961 (Actual – Consolidated) 2023-24 8652 (Actual – Consolidated) 2024-25 11596 (Actual – Consolidated) 2025-26 13689 (Actual – Consolidated) 2026-27 15000
Slide 17: NHPC – Major Highlights during the period
NHPC – Major Highlights during the period 17 NHPC has commissioned 4 units of Subansiri Lower Hydroelectric Project (250 MW each), the largest hydro power station of the country on 23.12.2025, 01.02.2026, 20.03.2026 & 08.05.2026 respectively marking a significant achievement in country’s hydro pow
Slide 18: Hydro Projects At A Glance
18 Hydro Projects At A Glance NHPC-Energising India With Hydropower
Slide 19: NHPC: Hydro Projects Under Construction
NHPC: Hydro Projects Under Construction 19 Cost as per Provisional Anticipated Installed Design Investment Project Expected Type of the Project Cost Name of Project Capacity Energy Approval Expenditure Commissioning project (₹ in Crore) (MW) (MUs) (₹ in Crore) till March’26 Schedule (Price Level) (P
Slide 20: Subsidiary: Hydro Projects Under Construction
Subsidiary: Hydro Projects Under Construction 20 Cost as per Provisional Anticipated Project Installed Design Investment Project Expected Type of the Cost Name of Project Capacity Energy Approval Expenditure Commissioning project (₹ in Crore) (MW) (MUs) (₹ in Crore) till March’26 Schedule (Price Lev
Slide 21: NHPC: Hydro Projects Under Clearance
NHPC: Hydro Projects Under Clearance 21 Installed Design Cost S. Projects Capacity Energy (₹ In Crore) Status N. (MW) (MUs) & PL 1 Teesta-IV 520 2251.89 6113 • All statutory clearances have been received except forest clearance (stage-II). (4x130) (Apr’21) Sikkim • CEA has extended the validity of c
Slide 22: NHPC: Hydro Projects Under Clearance
NHPC: Hydro Projects Under Clearance 22 Installed Design Cost (₹ S.No. Projects Capacity Energy In Crore) Status (MW) (MUs) & PL 3 Sawalkot 1856 7994.73 26,196.26 Completion) • Forest Clearance-I accorded by Ministry of Environment, Forest and Climate (8x225+1x56) UT of J&K Change (MoEF&CC) on 10.07
Slide 23: Subsidiary: Hydro Project Under Clearance
Subsidiary: Hydro Project Under Clearance 23 Cost (₹ In Installed Design S.No Projects Crore) Status Capacity (MW) Energy (MUs) & PL 1 Kamala 1720 6869.92 26069.50 • NOC/Defence clearance received on 02.04.2025. (8X210+1X40) • DPR has been concurred by CEA on 23.05.2025. Arunachal (completion) • Exp
Slide 24: Subsidiary: Hydro Project Under Clearance
Subsidiary: Hydro Project Under Clearance Cost 24 Installed Design (₹ In S.No. Projects Capacity Energy Status Crore) (MW) (MUs) & PL 3 Etalin 3097 12260.43 30037.36 • In Dec’2008, Govt. of Arunachal Pradesh allotted the project to Etalin (at Hydro Electric Power Company Limited (EHEPCL), a JV of Hy
Slide 25: Subsidiary: Hydro Project Under Clearance
Subsidiary: Hydro Project Under Clearance 25 Cost (₹ In Installed Design S.No Projects Crore) Status Capacity (MW) Energy (MUs) & PL 4 Kirthai-II 820 2907.48 11746.01 • Balance investigation works completed in compliance to DPR (4x200 + 2x10) March’25 PL concurrence and based on survey & investigati
Slide 26: NHPC: Hydro Projects Under Survey & Investigation
NHPC: Hydro Projects Under Survey & Investigation S. No. Projects State Installed Capacity Status 26 (MW) Projects Under FR/DPR Preparation 1 Garba Uttarakhand 630 • MoP on 28.12.2023 requested NHPC to take up the matter of implementation of Tawaghat (3x210) the Project with JHDC. Accordingly, NHPC
Slide 27: NHPC: Hydro Projects Under Survey & Investigation (Nepal)
NHPC: Hydro Projects Under Survey & Investigation (Nepal) Installed S. No. Projects Country Status Capacity (MW) Projects Under PFR/DPR Preparation 2 West Seti Nepal 800 • Hydroelectricity Investment and Development Company Ltd (HIDCL), Govt. of Nepal has forwarded its Consent for signing of MoU for
Slide 28: Solar & Wind Projects at a Glance
28 Solar & Wind Projects at a Glance Clean Power For EVERY HOME
Slide 29: NHPC: Solar Project Under Construction
NHPC: Solar Project Under Construction 29 Estimated Capacity Expected Commissioning Tariff S.No Name of Project Capital Cost Status of PPA (MW) Schedule (₹/unit) (₹ in Crore) 1 100 MW Grid Connected 100 567.34 June, 2026 2.45 Power Usage Agreement Solar Power Project under signed with WB Discom for
Slide 30: NHPC: Solar Project Under Construction
NHPC: Solar Project Under Construction 30 Estimated Expected Capacity Capital Tariff S.No Name of Project Commissioning Status of PPA (MW) Cost (₹/unit) Schedule (₹ in Crore) 4 600 MW Grid Connected Solar 600 4194.89 December, 2026 2.45 Power Usage Agreement Power Project under CPSU signed with DISC
Slide 31: Subsidiary: Solar Project Under Construction
Subsidiary: Solar Project Under Construction 31 Estimated Expected Capacity Capital Tariff S.No Name of Project Commissioning Status of PPA (MW) Cost (₹/unit) Schedule (₹ in Crore) 1 1200 MW Solar Park, Jalaun (U.P.) - 796.96 March, 2028 600MW The process of Selection of Solar under UMREPP (Park @ P
Slide 32: Subsidiary: Solar Projects under Tender and pipeline
Subsidiary: Solar Projects under Tender and pipeline 32 Expected Sl. Capacit Estimated Tentative Name of Commissio No y Capital Tariff Status of PPA Project ning . (MW) Cost (Rs./unit) Schedule 1 Mirzapur Solar 100 384.15 December 2.90 • MNRE directed to consider for cancellation of solar park durin
Slide 33: NHPC: Solar Project Under Construction (As Intermediary Procurer)
NHPC: Solar Project Under Construction (As Intermediary Procurer) 33 S.No. Type of Project Installed Capacity Current Status (MW) 1 Projects through Solar Power 2000 • PPA & PSA signed. Developers, Rajasthan • 1351 MW out of 2000 MW already commissioned. 2 Solar 3000 • PPA & PSA signed. (2023-24 – S
Slide 34: NHPC: Solar Projects under PPA/PSA (As Intermediary Procurer)
NHPC: Solar Projects under PPA/PSA (As Intermediary Procurer) 34 S.No. Type of Project Installed Capacity Current Status (MW) 1 Solar 3670 • Letter of Award issued. • PPA & PSA to be signed. (2024-25 – Solar-II & Solar-III) 2 Solar & Wind Hybrid 2970 • Letter of Award issued. • PPA & PSA signed for
Slide 35: NHPC: Solar Projects under BESPA/BESSA (As BIA)
NHPC: Solar Projects under BESPA/BESSA (As BIA) 35 S.No. Type of Project Installed Capacity Current Status (MWh) 1 500 MWh – KSEB, Kerala 500 • LOA issued on 09.07.2025. (4 Hours Storage Single • Capacity charges range – Rs. 4,34,000 to Rs. Cycle per day) 4,57,000/MW/Month • BESSA and BESPA signed.
Slide 36: New Initiatives: Pumped Storage Schemes
36 New Initiatives Pumped Storage Schemes Green Power, Clean Power
Slide 37: New Initiatives: Pump Storage – Maharashtra
New Initiatives Pump Storage Project Scheme 37 (1) Maharashtra Name/Place of Installed S.No Present Status PSP Capacity (MW) 1 Savitri 2400 PFR submitted to Govt. of Maharashtra & CEA. Layout Finalization Chapters cleared from CEA. Exploratory drilling in progress. Water Availability Certifi
Slide 38: New Initiatives: Pump Storage – Andhra Pradesh
New Initiatives Pump Storage Project Scheme 38 (2) Andhra Pradesh (through ANGEL, a JV between NHPC and APGENCO) Installed Name/ Place S.No Capacity Present Status of PSP (MW) 5 Gadikota 1200 DPR (draft) submitted by the consultant which is under examination by ANGEL (A joint venture of NHPC and A
Slide 39: New Initiatives: Pump Storage – Madhya Pradesh
New Initiatives Pump Storage Project Scheme 39 (3) Madhya Pradesh (Through our subsidiary NHDC) Installed Name/ Place S.No Capacity Present Status of PSP (MW) 8 Indrasagar- 640 DPR submitted to CEA and Concurrence is under consideration based on Omkareswar cost optimization measures suggested by C
Slide 40: New Initiatives: Pump Storage – Odisha
New Initiatives Pump Storage Project Scheme 40 (4) Odisha Name/ Place of Installed S.No Present Status PSP Capacity (MW) 9 Masinta 1000 PFR submitted to GRIDCO Limited. Water allocation approval has been received. Layout Finalization Chapters clearance obtained. DPR is under preparation. E
Slide 41: New Initiatives: Pump Storage – Gujarat
New Initiatives Pump Storage Project Scheme 41 (5) Gujarat Name/ Installed S.No Place of Present Status Capacity (MW) PSP 12 Kuppa 900 PFR submitted to Govt. of Gujarat. Survey & Investigation held up due to local law and order problem. The matter is being pursued with the local and State auth
Slide 42: New Initiatives: Pump Storage – Rajasthan & Chhattisgarh
New Initiatives Pump Storage Project Scheme 42 (7) Rajasthan & Chhattisgarh S.N Name/ Place of Installed Present Status o PSP Capacity (MW) 13 Singli 1000 PFR submitted to Rajasthan Renewable Energy Corporation Limited. (Rajasthan) Water allocation has been obtained. Registration for setting u
Slide 43: Projects under Operation
43 Projects under Operation Hydro Power Solar Power Wind Power Green Power, Clean Power
Slide 44: NHPC: Projects under Operation – Hydro
NHPC: Projects under Operation Hydro 44 Installed Design Energy Year of Capital Cost as Tariff (25-26) S. No NHPC Project & State/UT Capacity Type of the project (MU) comm. on 31.03.26 (₹ /Kwh) (MW) 1 Baira Siul, (3x60) 180 661.09 1981 (Sep) 389.94 2.84 Run of River (ROR) with small Himachal Pradesh
Slide 45: NHPC: Projects under Operation – Hydro
NHPC: Projects under Operation Hydro 45 Installed Capital Cost as on Design Energy Year of Tariff (25-26) S.No. NHPC Project & State/UT Capacity 31.03.26 Type of the project (MU) Comm. (₹ /Kwh) (MW) (₹ in Crore) 12 Sewa-II, (3x40) 120 533.52 2010 (Jun) 1157.23 4.59 ROR with small pondage UT of J&K 1
Slide 46: NHPC: Projects under Operation – Renewable Energy & Subsidiary
NHPC: Projects under Operation Renewable Energy 46 Installed Capital Cost as Design Energy Year of Tariff (24-25) S.No Project Capacity on 31.03.26 Place of Project (MU) Comm. (₹ in Crore) (₹ /Kwh) (MW) 1 Wind Power 50 94.25 2016 330.40 3.67 Jaisalmer (Rajasthan) 2 Solar Power 50 105.96 2018 290.59
Slide 47: Subsidiary: Projects under Operation
Subsidiary: Projects under Operation Renewable Energy 47 Installed Design Energy Year of Capital Cost as Tariff 25-26 S.No Project Capacity Place of Project (MU) Comm. on 31.03.2026 (₹/unit) (MW) 1 Solar Power Project, Kalpi 65 147.34 2023-24 350.46 2.68 Jalaun District (Subsidiary - BSUL) (Uttar Pr
Slide 48: NHPC-Energising India With Hydropower
48 NHPC-Energising India With Hydropower