NHPC concludes 49th AGM, plans to boost borrowing limit to ₹60,000 crore

NHPC Limited successfully held its 49th Annual General Meeting (AGM) on Saturday, August 30, 2025, via video conference. The meeting, which concluded at 12:05 p.m. (IST), saw the participation of 179 shareholders. The company secretary confirmed adherence to the Companies Act, 2013, and SEBI regulations, including provisions for remote e-voting and e-voting during the AGM. Results of the e-voting are slated for declaration within two working days and will be published on the company's website, NSDL's website, and intimated to stock exchanges.

Rajendra Prasad Goyal, chairman & managing director and director (finance), chaired the meeting, providing an overview of the company's financial and operational performance for the fiscal year 2024-25. Key resolutions passed through e-voting included the adoption of audited financial statements for the year ended March 31, 2025, confirmation of interim dividend payment, and declaration of final dividend for the same period. Shareholder questions regarding future plans, CAPEX, ESG scores, AI in operations, dividends, and realizations from DISCOMS were addressed by management.

The AGM also saw the re-appointment of several directors and the appointment of Suprakash Adhikari as director (technical). Notably, the company proposed to increase its borrowing limit from ₹50,000 crore to ₹60,000 crore and to create a mortgage and/or charge over its movable and immovable properties.