Who Brands - Brand Ownership DirectoryWho Brands
HomeBrowse BrandsCategoriesCompaniesCompareBlogQuizAbout
HomeBrowse BrandsCategoriesCompaniesCompareBlogQuizAbout
Who Brands

Your trusted reference for brand ownership information. We provide factual, comprehensive data about who owns the brands you know.

Stay in the know

Get the latest ownership updates delivered to your inbox.

Browse

  • All Brands
  • Categories
  • Companies
  • Countries
  • Compare Brands
  • Blog
  • Brand Quiz
  • RSS Feed

Company

  • About Us
  • Methodology
  • Contact
  • FAQ
  • Submit a Brand
  • List Your Brand
  • Write for Us

Legal

  • Terms of Service
  • Privacy Policy
  • Cookie Policy
  • Affiliate Disclosure
  • Disclaimer

Support Us

☕Buy me a coffee

2026 Who Brands. All information is provided for educational purposes. Brand names and logos are trademarks of their respective owners.

  1. Home
  2. Brands
  3. Energy & Utilities
  4. NHPC
NHPC logo
Energy & Utilities

Who Owns NHPC?

NHPC Limited is a state-owned Indian renewable energy and hydropower company owned by the Government of India through the Ministry of Power, which holds the majority of its equity. The company was founded in 1975 and is headquartered in Faridabad, Haryana, India. NHPC is publicly traded on the National Stock Exchange and Bombay Stock Exchange under the ticker NHPC. It was granted Navratna status in August 2024. As of May 2026, NHPC had an installed capacity of 9,333 MW across 31 power stations, comprising 8,771 MW of hydroelectric and 562 MW of solar and wind capacity.

Parent Company

NHPC Limited

Founded

1975

Status

Publicly Traded

Headquarters

Faridabad, Haryana, India

Asia PacificOfficial Website

Who Owns NHPC?

  • Parent Company: NHPC Limited
  • Ownership Type: Wholly owned
  • Company Type: State-Owned
  • Stock Ticker: NSE: NHPC
BrandParent CompanyOwnership Type
NHPCNHPC LimitedWholly owned

History of NHPC

  • Founded: 1975
  • Founders: Government of India

NHPC was incorporated in 1975 as the National Hydroelectric Power Corporation, a government-owned company tasked with developing India's hydropower resources. The founding reflected the Indian government's recognition that hydropower, a clean and dispatchable renewable source, was underdeveloped relative to the country's potential. India's river systems, particularly in the Himalayan north and the northeast, offered some of the world's largest untapped hydro resources.

The company's early decades were focused on large hydroelectric projects in the Himalayan states. NHPC developed projects in Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Sikkim, and Arunachal Pradesh, among others. These projects were technically complex, involving high-altitude construction, long water conveyance systems, and challenging geology. Construction timelines for large hydro projects routinely span a decade or more, and several NHPC projects faced significant delays due to geological surprises, environmental clearance processes, and local opposition.

The Salal hydroelectric project in Jammu and Kashmir became one of NHPC's flagship operational stations, recording the highest generation during fiscal year 2025 at 3,230 million units. The company expanded its portfolio through the 1990s and 2000s, adding projects across multiple states. NHPC also took on joint venture hydro projects, including the 2,000 MW Subansiri Lower project on the Assam-Arunachal Pradesh border, which is one of India's largest hydroelectric projects under construction.

In September 2009, NHPC completed its initial public offering, listing on the NSE and BSE. The IPO raised capital and gave the public a minority stake, while the Government of India retained majority ownership. The listing subjected NHPC to SEBI disclosure requirements and brought greater financial transparency.

Over time, NHPC broadened its mandate beyond pure hydropower. The company began developing solar and wind projects as part of India's national renewable energy expansion. As of May 2026, NHPC operated 562 MW of solar and wind capacity across seven stations, with significant additional renewable capacity under construction. The company commissioned 107 MW of a 300 MW solar power plant in Bikaner, Rajasthan, in April 2025 under the Central Public Sector Undertaking scheme.

NHPC's total installed capacity reached 9,333 MW as of May 2026, across 31 power stations, comprising 8,771 MW of hydroelectric and 562 MW of renewable energy. The company is presently engaged in the construction of projects aggregating to over 10,000 MW, and is working on more than 50,000 MW of capacity in various stages of development. NHPC leads approximately 60 percent of all hydro projects under construction in India. Its flagship under-construction projects include the 2,000 MW Subansiri Lower and the 2,880 MW Dibang multipurpose project, the latter also designed for flood moderation.

About NHPC Limited

Who owns NHPC?
NHPC Limited is a state-owned public sector undertaking. The Government of India holds approximately 71% of the company's shares through the Ministry of Power. State governments also hold a small portion of the promoter shares. The remaining approximately 29% is held by public shareholders, including foreign institutional investors, domestic institutional investors, and individual investors. NHPC is classified as a Navratna enterprise.

Is NHPC publicly traded?
Yes, NHPC is publicly traded on the National Stock Exchange of India (NSE: NHPC) and the Bombay Stock Exchange (BSE: 533098). The company was listed in September 2009 through an initial public offering in which the Government of India divested a portion of its stake. The company's market capitalization is approximately INR 83,000 crore as of late 2025.

When was NHPC founded?
NHPC was incorporated on November 7, 1975, as National Hydroelectric Power Corporation Limited. The company was established by the Government of India under the Ministry of Power to plan, promote, and organize the integrated development of hydroelectric power across India. On incorporation, NHPC took over three hydroelectric projects from the Central Hydroelectric Projects Control Board.

What is NHPC's installed capacity?
NHPC has approximately 7,144 MW of total installed capacity, primarily from hydropower. The company operates 22 hydroelectric projects with approximately 6,717 MW on an ownership basis, plus a 50 MW wind project in Rajasthan and solar projects including the 107.14 MW Karnisar solar plant. The commissioning of the 800 MW Parbati-II project in April 2025 brought total capacity to approximately 8,000 MW. NHPC is constructing projects totaling approximately 10,493 MW.

What is NHPC's revenue?
NHPC reported total income of approximately INR 117.29 billion for fiscal year 2025, up 6.69% from INR 109.94 billion in fiscal year 2024. Revenue from operations was INR 89.94 billion. Standalone net profit was INR 34.12 billion, down 14.68% from the prior year due to one-time provisions and arbitration-related expenses. The company's fiscal year ends March 31.

What are NHPC's main projects under construction?
NHPC is engaged in the construction of projects totaling approximately 10,493 MW. The flagship project is the 2,000 MW Subansiri Lower hydroelectric project in Assam and Arunachal Pradesh, one of India's largest hydroelectric projects. The 2,880 MW Dibang Multi-purpose project in Arunachal Pradesh is also under development. NHPC leads approximately 60% of all hydro projects under construction in India and is working on more than 50,000 MW of capacity in various stages of development.

What is NHPC's target capacity?
NHPC has set targets of 23,000 MW of installed capacity by 2032 and 50,000 MW by 2047. This trajectory would place NHPC among the world's top 10 hydropower companies. The company is expanding into solar and wind energy through its subsidiary NHPC Renewable Energy Limited to diversify beyond pure hydropower and align with the Government of India's clean energy transition objectives.

  • Founded: 1975
  • Headquarters: Faridabad, Haryana, India
  • Company Type: State-Owned
  • Stock: NSE: NHPC
  • Revenue: Approximately INR 117 billion (FY2025, total income)
  • Employees: Approximately 4,600

Visit NHPC Limited website

View full company profile for NHPC Limited

Where Is NHPC Made / Based?

  • Headquarters: Faridabad, Haryana, India

NHPC Categories & Tags

Renewable EnergyHydroSolarWindIndiaState Owned

NHPC Sustainability & Ethics

NHPC's core business is generating renewable electricity from hydroelectric, solar, and wind sources. Hydropower is a low-carbon, dispatchable renewable resource that displaces fossil fuel generation and supports grid stability. The company describes itself as a green energy company with minimal carbon footprints. NHPC publishes an annual sustainability report and aligns its operations with national clean energy goals.

Large hydroelectric projects, however, carry environmental and social trade-offs that are well documented. Dam construction alters river flows, affects aquatic ecosystems, and can displace communities. NHPC's projects in the Himalayas have faced environmental scrutiny over impact on riverine ecology, forest land, and downstream communities. The Subansiri Lower project, in particular, faced years of delays partly due to local opposition in Assam over downstream impact. Environmental clearance from the Ministry of Environment, Forest and Climate Change is required for large hydro projects, and NHPC's projects undergo environmental impact assessment and public consultation.

NHPC states it follows statutory rehabilitation and resettlement processes for communities affected by its projects. The company's solar and wind expansion has a lighter environmental footprint than large hydro, though land acquisition for utility-scale solar remains a consideration. NHPC is not B Corp certified. Its sustainability claims rest on the inherent low-carbon nature of its generation portfolio and its alignment with national renewable energy policy.

Awards & Recognition

NHPC has received recognition from the Indian government and power sector bodies for its contribution to hydropower development. The grant of Navratna status in August 2024 is itself a government recognition of consistent financial and operational performance. NHPC has been ranked among India's leading public sector undertakings in the power sector.

The Subansiri Lower and Dibang projects have received coverage in Indian infrastructure media as landmark hydroelectric developments. NHPC's Salal station was recognized as the highest-generating hydro station in the company's portfolio during fiscal year 2025. Specific independently verifiable third-party awards attributed to NHPC are not comprehensively documented in a single public source as of August 2026.

NHPC Recalls & Controversies

NHPC has not faced product recalls, as it does not manufacture consumer products. The company has, however, encountered environmental and social controversies typical of large hydroelectric developers.

Subansiri Lower project delays and opposition: The 2,000 MW Subansiri Lower project on the Assam-Arunachal Pradesh border has faced years of delays, partly due to local opposition in Assam over downstream ecological and hydrological impact. Concerns included altered river flow, impact on agriculture and fisheries, and seismic risk. Construction was suspended for a period before resuming after environmental review and engagement with state governments. The project remains one of India's most scrutinized hydro developments.

Environmental impact of Himalayan hydro: NHPC's hydro projects in the Himalayas have drawn environmental scrutiny over deforestation, river flow alteration, and seismic risk in a geologically young and active mountain range. Environmental groups have raised concerns about cumulative impact of multiple hydro projects on Himalayan river systems. NHPC's projects undergo environmental impact assessment and require clearance from the Ministry of Environment, Forest and Climate Change.

Dibang multipurpose project: The 2,880 MW Dibang project in Arunachal Pradesh has faced concerns over its impact on forest land and indigenous communities. The project is designed for both power generation and flood moderation, which the company presents as a broader public benefit. Environmental clearance processes have been extensive.

NHPC Ownership: Pros & Cons

Advantages

  • +Government of India ownership provides strong sovereign backing and access to low-cost capital, supporting large, capital-intensive hydro projects
  • +Navratna status grants financial autonomy for investments up to 1,000 crore Indian rupees without government approval, speeding decision-making
  • +Leadership in Indian hydropower, with approximately 60 percent of hydro under construction, creates high barriers to entry for competitors
  • +Diversification into solar and wind broadens the renewable portfolio beyond hydro
  • +Large development pipeline of over 50,000 MW provides long-term growth visibility

Considerations

  • -Large hydroelectric projects face long construction timelines, environmental scrutiny, and local opposition, as seen with Subansiri Lower
  • -State ownership means strategic decisions align with government policy, which can override commercial considerations
  • -Hydro generation depends on monsoon and river flow variability, affecting annual output
  • -Concentration in Himalayan geology exposes projects to seismic and landslide risk
  • -Solar and wind capacity, at 562 MW, remains small relative to the hydro portfolio and to private renewable competitors

Frequently Asked Questions About NHPC

Sources & Further Reading

  • NHPC Official Website -
  • NHPC Investor Presentation FY2025 (March 2025) -
  • NHPC Investor Presentation FY2026 (March 2026) -
  • NHPC Financial Results Press Release (May 2025) -
  • NSE: NHPC Quote -
  • Ministry of Power, Government of India -
  • Ministry of New and Renewable Energy, India -
  • Central Electricity Authority of India -
  • Wikipedia: NHPC Limited -
  • Wikidata: NHPC -

Competitors to NHPC

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
JSW EnergyJSW Energy
Jsw Group
India
1994
Mass marketAsia pacificAll Genders
Adani Green EnergyAdani Green Energy
Adani Group
India
2015
Mass marketIndiaAll Genders
NTPC Green EnergyNTPC Green Energy
Ntpc
India
2022
Mass marketAsia pacificAll Genders
ReNew PowerReNew Power
Renew Energy Global
India
2011
Mass marketAsia pacificAll Genders
Tata Power Renewable EnergyTata Power Renewable Energy
Tata Power
India
2007
Mass marketAsia pacificAll Genders

Learn More About Competitors

JSW EnergyEnergy Utilities

JSW Energy

Owned by JSW Group

JSW Energy Limited is an Indian independent power producer and subsidiary of JSW Group, operating thermal, hydro, solar, and wind assets with over 10 GW of installed capacity and a target of 30 GW by 2030.

renewable-energysolarwind
Adani Green EnergyEnergy Utilities

Adani Green Energy

Owned by Adani Group

Adani Green Energy Limited (AGEL) is India's largest renewable energy company by installed capacity, listed on the National Stock Exchange and BSE. It develops, builds, and operates solar and wind power plants across India.

renewable-energysolarwind
NTPC Green EnergyEnergy Utilities

NTPC Green Energy

Owned by Unknown Company

NTPC Green Energy Limited (NGEL) is the renewable energy subsidiary of NTPC Limited, India's largest power generator. Listed on the NSE since November 2024, it targets 60 GW of renewable capacity by 2032.

renewable-energysolarwind
ReNew PowerEnergy Utilities

ReNew Power

Owned by ReNew Energy Global Plc

ReNew is India's leading independent renewable energy producer, operating utility-scale wind, solar, and storage assets across ten Indian states. Listed on Nasdaq as ReNew Energy Global (RNW).

renewable-energysolarwind
Tata Power Renewable EnergyEnergy Utilities

Tata Power Renewable Energy

Owned by The Tata Power Company Limited

Tata Power Renewable Energy Limited (TPREL) is the renewable energy subsidiary of Tata Power, operating utility-scale solar, wind, and rooftop solar projects across India with 11.6 GW of total capacity.

renewable-energysolarwind

Competitive Analysis

Market Positioning: NHPC competes with 5 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to NHPC

Looking for brands with different ownership structures? These similar brands are not owned by NHPC Limited, giving you alternative choices that support different corporate structures.

JSW EnergyEnergy Utilities

JSW Energy

Owned by JSW Group

JSW Energy Limited is an Indian independent power producer and subsidiary of JSW Group, operating thermal, hydro, solar, and wind assets with over 10 GW of installed capacity and a target of 30 GW by 2030.

renewable-energysolarwind
Privately Owned

JSW Energy is privately owned, unlike NHPC which is under a publicly traded parent company.

Adani Green EnergyEnergy Utilities

Adani Green Energy

Owned by Adani Group

Adani Green Energy Limited (AGEL) is India's largest renewable energy company by installed capacity, listed on the National Stock Exchange and BSE. It develops, builds, and operates solar and wind power plants across India.

renewable-energysolarwind
Privately Owned

Adani Green Energy is privately owned, unlike NHPC which is under a publicly traded parent company.

NTPC Green EnergyEnergy Utilities

NTPC Green Energy

Owned by Unknown Company

NTPC Green Energy Limited (NGEL) is the renewable energy subsidiary of NTPC Limited, India's largest power generator. Listed on the NSE since November 2024, it targets 60 GW of renewable capacity by 2032.

renewable-energysolarwind
Independent

NTPC Green Energy operates independently without a large parent corporation.

Adani PowerEnergy Utilities

Adani Power

Owned by Adani Group

India's largest private thermal power producer, operating approximately 17,550 megawatts of installed capacity across eight states, listed on NSE and BSE.

power-generationenergythermal-power
Privately Owned

Adani Power is privately owned, unlike NHPC which is under a publicly traded parent company.

ReNew PowerEnergy Utilities

ReNew Power

Owned by ReNew Energy Global Plc

ReNew is India's leading independent renewable energy producer, operating utility-scale wind, solar, and storage assets across ten Indian states. Listed on Nasdaq as ReNew Energy Global (RNW).

renewable-energysolarwind
Publicly Traded

ReNew Power is owned by ReNew Energy Global Plc, a public company, a different structure than NHPC's parent.

Tata Power Renewable EnergyEnergy Utilities

Tata Power Renewable Energy

Owned by The Tata Power Company Limited

Tata Power Renewable Energy Limited (TPREL) is the renewable energy subsidiary of Tata Power, operating utility-scale solar, wind, and rooftop solar projects across India with 11.6 GW of total capacity.

renewable-energysolarwind
Publicly Traded

Tata Power Renewable Energy is owned by The Tata Power Company Limited, a public company, a different structure than NHPC's parent.

NHPC Limited Stock Information

Jobs at NHPC Limited

Latest News About NHPC

Related Articles About NHPC

View more articles
When Governments Own Brands: State-Owned Companies
Industry Analysis

When Governments Own Brands: State-Owned Companies

Saudi Aramco, EDF, and British Steel are all owned by governments. Discover the world of state-owned brands — from oil giants to national utilities — and why governments take ownership. Explore our database.

Who Brands StaffMay 23, 2026
State OwnedGovernmentAramco
Product Placement: The Brands Behind Your Favourite Films
Pop Culture

Product Placement: The Brands Behind Your Favourite Films

165 brands backed Spider-Man: Brand New Day. Only 5 made it into the film. Global product placement spending hit $33 billion. Discover the brands behind your favourite films and who owns them. Explore our database.

Who Brands StaffAug 24, 2026
Product PlacementFilmsBrand Ownership
Brands Featured in Netflix Shows and Who Owns Them
Pop Culture

Brands Featured in Netflix Shows and Who Owns Them

AB InBev signed a sweeping deal with Netflix. Genesis partnered with The Hawk. State Farm and DoorDash appeared in Running Point. Discover which brands are in Netflix shows and who owns them. Explore our database.

Who Brands StaffAug 23, 2026
NetflixProduct PlacementBrand Ownership
View more articles

People Also Searched

Discover popular brands and companies in the Energy & Utilities category and related searches from other users.

Adani Green Energy
Brandrenewable-energy

Adani Green Energy

Adani Green Energy Limited (AGEL) is India's largest renewable energy company by installed capacity, listed on the National Stock Exchange and BSE. It develops, builds, and operates solar and wind power plants across India.

Brand in Energy & Utilities
solarwind
Adani Power
Brandpower-generation

Adani Power

India's largest private thermal power producer, operating approximately 17,550 megawatts of installed capacity across eight states, listed on NSE and BSE.

Brand in Energy & Utilities
energythermal-power
Alabama Power
Brandelectricity

Alabama Power

Alabama-based electric utility company serving millions of customers across the state, owned by Southern Company.

Brand in Energy & Utilities
utilitiesalabama
Browse All Energy & Utilities

Last reviewed: August 25, 2026 · Reviewed by Who Brands Editorial Team