Shri G. Sai Prasad, CMD, NHPC alongwith other members of NHPC Board including Independent Directors and senior officers from NHPC and Ministry of Power at the 37thAnnual General Meeting of NHPC held at Faridabad on 16thSeptember 2013


NHPC hosts 37thAnnual General Meeting


NHPC Limited, hosted its 37thAnnual General Meeting (AGM) at Faridabad on 16thSeptember 2013. Shri G. Sai Prasad, CMD, NHPC addressed the shareholders at the AGM. Members of NHPC Board including Independent Directors and senior officers from Ministry of Power were also present on the occasion.

While addressing the gathering, Shri G. Sai Prasad expressed his gratitude to all the shareholders for their contribution to the success of the company. Shri G. Sai Prasad also highlighted the achievements made by NHPC during FY 2012-13 in spite of facing various challenges. While presenting the Company's Annual Report for the year ended 31stMarch 2013, Shri G. Sai Prasad informed that NHPC has registered a net profit of Rs 2348.22 crore. The company has achieved sales turnover of Rs. 5049.13 crore with revenue realization from the beneficiary states touching a record figure of Rs. 5369 crore. He further added that the NHPC Board has recommended a final dividend of Re 0.60 per share for the period. Shri G. Sai Prasad also informed that with the successful commissioning of the Chamera-III (231MW), Teesta Low Dam-III (132MW), Chutak (44MW) and all the three units of Nimmo Bazgo project (15MW X 3) at partial load, NHPC has added 452 MW to its installed capacity during the current 5 year plan. At present 6 no. of Projects with a total installed capacity of 4,050 MW are under construction stage out of which 4 projects of 1250 MW are slated for commissioning during the current plan period, which would take the installed capacity of the company to 6997 MW by 2017.

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Faridabad

18thSeptember 2013

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