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NHPC plans over ₹80,000 cr investment for 20GW PSP, eyes green energy arm listing by FY27 | Company Business News

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NHPC Ltd, India's largest hydropower firm, plans to invest ₹84,000 crore to develop 20 GW of pumped storage capacity through joint ventures, totaling a capex of ₹1.2 trillion. By FY27, NHPC aims to list its renewable energy arm, NHPC Renewable Energy Ltd (NREL), after expanding its 261.7 MW renewable capacity, with another 1,490 MW under construction. The company also explores green hydrogen production and aims for 22 GW hydropower capacity by FY2034.