NHPC Signs MoA with Arunachal Pradesh Government for 3,097 MW Etalin Hydropower Project

NHPC share price remained in focus on June 17, 2026, after the company signed a Memorandum of Agreement (MoA) with the Government of Arunachal Pradesh for the implementation of the Etalin Hydropower Project (HEP) with an installed capacity of 3,097 MW. 

The agreement was signed on June 16, 2026, and outlines the framework for the development and implementation of the project in the state. 

NHPC Signs MoA for Etalin Hydropower Project 

NHPC Limited informed the exchanges that it has signed a Memorandum of Agreement with the Government of Arunachal Pradesh for the implementation of the Etalin Hydropower Project (3,097 MW). 

Under the agreement, the state government has granted permission to NHPC to undertake preliminary investigations for preparing the pre-feasibility report, detailed investigations for the detailed project report (DPR), financing activities, and the subsequent development, commissioning, implementation, operation and maintenance of the project. 

The Etalin Hydropower Project will be established on the Dri and Tangon rivers in the Dibang Basin of Arunachal Pradesh. 

Etalin Hydropower Project Implementation Model 

As per the Memorandum of Agreement, NHPC will implement the project on a Build, Own, Operate and Transfer (BOOT) basis for a 40-year lease period from the Commercial Operation Date (COD). 

The company also stated that the project will be developed as a run-of-the-river scheme in accordance with the Arunachal Pradesh Hydro Power Policy, 2008, along with subsequent amendments. 

NHPC Share Price Performance 

As of 11:05 AM on June 17, 2026, NHPC share price was trading at ₹74.80, almsot flat compared with the previous day’s closing price. 

Conclusion 

NHPC has entered into a Memorandum of Agreement with the Government of Arunachal Pradesh to implement the 3,097 MW Etalin Hydropower Project. The agreement provides the framework for project investigations, development, financing, and long-term operation under the BOOT model in line with the state's hydropower policy. 

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