NHPC Begins Third Phase Operations of 300 MW Solar Project in Bikaner

NHPC Limited has officially announced the commencement of commercial operations for the third phase of its 300 MW grid-connected solar PV project located in Karnisar, Bikaner, Rajasthan. Following the successful completion of trial operations on 5 June 2025, the company declared the Commercial Operation Date (COD) for a 53.57 MW segment effective from 7 June 2025.

Current Status and Future Plans

With this latest addition, the total capacity under commercial operation at the Karnisar solar power site now stands at 160.71 MW out of the targeted 300 MW. NHPC has stated that information regarding the remaining capacity will be shared in due course, suggesting phased commissioning as the project progresses.

Additionally, in April, the company stated its intent to raise up to ₹2,000 crore via private bond placement. In its Q4 FY25 results, NHPC reported a notable 52% year-on-year surge in consolidated net profit to ₹919.63 crore, up from ₹605 crore, with total income rising to ₹2,672.11 crore.

About the NHPC Limited

NHPC Limited, formerly known as National Hydroelectric Power Corporation, is a government-owned enterprise under the Ministry of Power, primarily engaged in hydroelectric power generation. Over the years, it has expanded into other forms of renewable energy such as solar and wind, contributing significantly to India’s sustainable energy goals.

Read More: NHPC Raises ₹1,945 Crore via Bonds!

NHPC Share Price Performance 

As of June 09, 2025, at 9:40 AM, NHPC share price is trading at ₹91.72 per share, reflecting a surge of 2.70% from the previous closing price. Over the past month, the stock has surged by 17.63%. The stock's 52-week high stands at ₹118.40 per share, while its low is ₹71 per share.

Conclusion

NHPC’s strategic move to scale up its solar operations reflects its commitment to diversifying the renewable energy mix and supporting national sustainability targets. The phased execution model allows for operational stability while ensuring steady capacity addition.

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