| July 2008 |
 | A Parliamentary Committee on the welfare of SC/STs headed by Shri Ratilal Kalidas Varma, Hon’ble Member of Parliament visited Gangtok, Sikkim from 5th to 8th July 2008 to review the functioning of the Government of Sikkim and NHPC in implementing the policies and guidelines of the Government of India for the welfare of the Scheduled Castes & Scheduled Tribes. |
| Parliamentary Committee on the welfare of SC/STs held a meeting with the representatives of SC/ST Association of NHPC and senior officers of NHPC and discussed issues pertaining to the growth and development of SC/STs working in the Company. The Committee expressed great satisfaction on the measures undertaken by NHPC for the welfare of SC/STs in NHPC. |
| A Parliamentary Standing Committee on Personnel, Public Grievances, Law & Justice led by Dr. E.M.Sudarsana Natchiappan, Hon’ble Member of Parliament held a meeting with the representatives of NHPC on 29.07.2008 at Lucknow and discussed issues related to Right to Information, Reservation Policy in Appointments & Promotions and functioning of the Corporation. The committee appreciated the work done by NHPC on these issues and also complimented on the impressive performance of the organisation. |
| On 4th July, 2008, CMD, NHPC Ltd. had a fruitful meeting with Prof. Prem Kumar Dhumal, Hon’ble Chief Minister of Himachal Pradesh at Shimla. During discussions, various issues including allotment of new projects, joint venture, local area development etc were discussed on which Hon’ble Chief Minister was quite receptive. |
| NHPC has received ‘NIL’ Comments on Annual Accounts of the Company for the year 2007-08 from Comptroller & Auditor General of India. This is the second consecutive year the Company has received ‘NIL’ Comments. |
| Co-ordination Committee Meeting with all Executive Directors was held at Corporate Office on 30.07.2008 wherein detailed discussions were held on various important issues including review of MOU targets for the 1st Quarter of 2008-09 and business development opportunities. During the meeting, the CDM Guidebook, Resettlement & Rehabilitation Policy 2007 and CD’s on projects completion report in respect of five power stations of the Company were released. |
| NHPC’s Men & Women team bagged second position in the Inter Power PSU Quiz Competition organized by Power HR Forum. |
| Public Investment Board (PIB) has considered the revised cost estimate of the 330 MW Kishanganga Project in its meeting held on 02.07.08. |
| In Chutak Project, PLGI milestone of “Completion of Excavation of Transformer Cavern” was successfully achieved on 20.07.2008 which was scheduled on 31.12.2008. The Project has also achieved “Completion of 2400m HRT Excavation” on 20.07.2008 against scheduled date of 22.12.2008. |
| In Nimmo Bazgo Project, MoU milestone of “Excavation of Dam complete including Power Dam and Right Bank Excavation” has been achieved on 12.07.2008 with “Excellent rating”. |
| June 2008 |
| As per SEBI Guidelines, five independent directors have been appointed on the Board of NHPC Ltd. The recent appointment is of Dr. Kuriakose Mamkoottam. |
| NHPC in association with Country First and AIIMS, New Delhi organized a Blood Donation Camp on 10.06.2008 at NHPC Residential Colony, Faridabad wherein 91 employees have donated blood. |
| World Environment Day was observed throughout the Company on 5th June, 2008. |
| As a part of NHPC Lecture Series, Shri Shiv Khera. the world renowned Motivator and Founder of the organization named "Country First" delivered a talk on 05.06.2008 at NPTI Auditorium and shared his experiences with NHPC Executives. |
| At "India Calling 2008" Conference organized by Indian Merchant Chambers held at Toronto & Vancouver, Canada from 16th -19th June 2003, a presentation on Hydro Development in India & Opportunities" was made by CMD, NHPC with focused attention on hydro potential and the importance of investment in the sector in India. The presentation was well received by the delegates. |
| Day lighting of HRT Face-IV and Face-V of Chutak Project was achieved on 24.06.08. |
| In Sewa-ll, MoU milestone of "Completion of excavation of desilting chamber No.1" has been achieved on 30.06.08 with "Excellent rating". |
| In Uri-II, MoU milestone of "Completion of HRT excavation in Downstream of Adit-ll (Face- 3)" has been achieved on 30.06.08 with "Excellent rating". |
| NHPC Power Stations together generated 2095.65 million units of energy against the Excellent MoU target of 2039 55 million units during the month of June, 2008. |
| NHPC Power Stations together generated 81.36 million units on 11.06.2008, which is the highest ever generation achieved in a single day since inception of NHPC. |
| May 2008 |
| In Sewa-II, MoU Milestone of “completion of erection of liner in vertical Pressure Shaft” has been achieved on 24.5.2008 with “Excellent rating”. |
| Concreting of dam of 45 MW Nimmo- Bazgo Project in Jammu & Kashmir has been started on 12.5.2008. |
| Third stage (final) river diversion at the 132 MW Teesta Low Dam Project-III has been achieved on 30.5.2008. |
| A presentation on “Cumulative environmental impacts of Subansiri Upper, Subansiri Middle and Subansiri Lower Project in Subansiri Basin” was given before the Standing Committee of National Board for Wildlife (NBWL) on 22.5.2008 for waiving / modifying certain conditions imposed by Ministry of Environment and Forests (MOEF). |
| The operating power stations generated 1952 million units of energy against the target of 1867 million units during the month May’2008. |
| Dr Refaat Abdel-Malek, President, International Hydropower Association (IHA) visited NHPC Office, Faridabad on 01.5.2008. Issues related to Hydropower were discussed by him in a meeting with all Directors and senior officers of NHPC. |
| As per the audited financial results for the year 2007-08, the Company has registered a net profit of Rs. 1004 crore and sales turnover of Rs. 2301 crore against Rs. 925 crore and Rs. 1,963 crore respectively achieved during the year 2006-07. |
| Hon’ble Union Minister of Power Shri Sushilkumar Shinde, visited Region-II on 7 / 8th May, 2008 alongwith Secretary (Power). He also visited Chamera-III and Sewa-II projects. At Chamera-I, the Hon’ble Minister inaugurated the multi-purpose SCADA Hall and at Sewa-II lowered the rotor of 3rd unit of the Project. He also laid the foundation stone of Township for our employees of Chamera-III Project. |
| Performance Highlights 2007-08 |
| Enjoys highest credit rating i.e. AAA for domestic borrowings and rating equivalent to Sovereign rating for external borrowings from reputed International rating agencies. |
| Memorandum of Association of the Company has been amended to include trading, power development including forward, backward or horizontal integration ancillary and other allied industries. |
| Commissioned three projects namely the 520 MW Omkareshwar (JV) in Madhya Pradesh, 390 MW Dul Hasti in J&K and 510 MW Teesta Stage-V in Sikkim. |
| Generated 14811.35 Million Units electricity against 13048.74 Million Units generated during previous corresponding year, thereby registering an increase of 13.5 %. |
| The Power Stations achieved a Capacity Index of 96.13 % against the MoU target of 94.50 %. |
| Implementing India’s largest hydroelectric project, the 2000 MW Subansiri Lower Project in Arunachal Pradesh. |
| Plans to become 10000 MW plus company by 11th Plan. |
| Revised MoA signed with Govt. of Arunachal Pradesh for implementation of 3000 MW Dibang Multipurpose Project, 750 MW Tawang-I Project and 750 MW Tawang-II Project by NHPC. |
| Recommendation of PIB for Govt. sanction and TEC of CEA obtained for the 3000 MW Dibang Multipurpose Project. Dr. Manmohan Singh, Hon’ble Prime Minister of India laid the foundation stone of the Project on 31.1.2008. |
| Govt. sanction accorded for the 330 MW Kishanganga Project in Jammu & Kashmir. |
| DPR of the 520MW Teesta Stage-IV Project in Sikkim submitted to CEA for accord of TEC. |
| PIB has recommended the 530 MW Kotli Bhel-II Project in Uttarakhand for Govt. sanction. Environment clearance has also been accorded by Ministry of Environment and Forest for the Project. |
| MoU signed with Govt. of Manipur for implementation of 66 MW Loktak Downstream Project by NHPC in Joint Venture with Govt. of Manipur. Ministry of Environment and Forest has accorded pre-construction activities on the project. |
| Environment clearance has been accorded by Ministry of Environment and Forest for 195 MW Kotli Bhel-1A, 320 MW Kotli Bhel-1B, 120 MW Vyasi Projects, all in Uttarakhand and 1000 MW Pakal Dul Project in Jammu & Kashmir. |
| Implementing Enterprise Resource Planning (ERP) of IFS AB, Sweden across the organization. |
| Four Independent Directors have been appointed on the Board of NHPC. |
| Achieved 100% revenue realization of Rs. 2270 crore. |
| Achieved an all time high sales turnover of Rs. 2,311 crore as against Rs. 1,963 crore during the previous year. |
| Poised to pay highest ever dividend. |
| Crossed profit figure of Rs. 1000 crore and installed capacity of 5000 MW. Registered a net Profit of Rs. 1,002 crore against Rs. 925 crore during the previous financial year. |
| Name of the Company has been changed from National Hydroelectric Power Corporation Ltd. to NHPC Limited. |
| NHPC has been conferred Mini Ratna status by the Government of India. |