NHPC’s Board has approved an interim dividend of 14% (₹1.40 per share) for FY 2025-26, with February 10, 2026, set as the record date. The board also approved the cancellation of a Memorandum of Understanding with GEDCOL related to floating solar power projects in Odisha, along with the withdrawal of NHPC’s nominee director from PTC India Limited’s board.
Interim Dividend Declared
The Board of Directors of NHPC Limited has approved an interim dividend of ₹1.40 per equity share (face value of ₹10) for the financial year 2025-26, representing a 14% payout. The record date for determining shareholders’ eligibility for this dividend is February 10, 2026. The dividend will be dispatched within the timeframe stipulated by the Companies Act, 2013.
Odisha JV Cancelled
NHPC has decided to cancel the Memorandum of Understanding (MoU) and Promoters’ Agreement with Green Energy Development Corporation of Odisha Limited (GEDCOL). This agreement was initially intended to establish a joint venture for implementing floating solar power projects in Odisha’s water reservoirs.
PTC India Limited Director Withdrawal
The board has also approved the withdrawal of NHPC’s nominee director from the Board of Directors of PTC India Limited (PTC). This decision includes relinquishing NHPC’s status and rights as a ‘Promoter’ of PTC, as per the Office Memorandum dated January 16, 2026, issued by the Ministry of Power, Government of India.
Financial Results Overview
The decisions were made following a review of the company’s unaudited standalone and consolidated financial results for Q3 (Oct-Dec) and the nine months ending December 31, 2025.
Source: BSE
