NHPC Ltd has commissioned 107.14 megawatts (MW) of its 300 MW solar photovoltaic project in Karnisar, Bikaner, Rajasthan. The commercial operation for this portion began on April 12, 2025, after trial runs were conducted on April 10, 2025.
As of 9:30 am on April 15, 2025, NHPC Ltd share price was trading at ₹85.52, a 1.57% up, up 7.73% over the past month, but down 6.45% over the past six months.
The solar project is being set up under Phase II of the Central Public Sector Undertaking (CPSU) Scheme. The total planned capacity is 300 MW. The remaining 193 MW is to be commissioned in phases, with full completion targeted by August 31, 2025, according to the news reports.
The project is located in the Bikaner district of Rajasthan, a region that has seen increasing solar development due to favourable climatic conditions. The 300 MW plant adds to NHPC’s renewable energy portfolio, which is being developed alongside its core hydropower projects.
The update was shared by NHPC in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. NHPC has been providing periodic updates on this project since 2022.
NHPC has not yet disclosed the commercial operation dates for the remaining capacity. Further updates are expected as construction and testing continue for the remaining units of the plant.
The CPSU Scheme Phase-II supports central public sector undertakings in setting up grid-connected solar PV projects. The Karnisar plant falls under this initiative, which aims to add more solar capacity in the country without relying on Viability Gap Funding.
NHPC’s partial commissioning of the Karnisar solar project marks the start of commercial operations for a portion of the planned capacity. The balance is scheduled to go live by the end of August 2025, with progress updates likely to follow in the coming months.
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Published on: Apr 15, 2025, 1:34 PM IST
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