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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comNHPC Ltd, India’s largest hydropower generation company, plays a critical role in the country’s renewable energy mission. With expanding hydro, solar, and pumped storage projects, NHPC is positioned for steady long-term growth driven by rising clean-energy demand, government support, and strong promoter ownership.
In this article, we analyze NHPC’s share price target from 2026 to 2030 based on sector trends, capacity expansion, and financial potential.
Let’s explore NHPC’s fundamentals, pricing details, shareholding structure, and long-term investment outlook.
| Detail | Value |
|---|---|
| Open | ₹77.05 |
| Previous Close | ₹77.07 |
| Day’s High | ₹77.30 |
| Day’s Low | ₹76.05 |
| VWAP | ₹76.65 |
| Volume | 9,179,338 |
| Value (Lacs) | 7,015.77 |
| 20D Avg Volume | 9,638,371 |
| 20D Avg Delivery (%) | 54.78% |
| 52-Week High | ₹92.34 |
| 52-Week Low | ₹71.00 |
| All-Time High | ₹118.40 |
| All-Time Low | ₹14.80 |
| Market Capitalization | ₹76,774 Cr |
| UC Limit | ₹84.77 |
| LC Limit | ₹69.36 |
| Face Value | ₹10 |
| Book Value Per Share | ₹39.49 |
| Beta | 1.18 |
| Dividend Yield | 2.50% |
| Investor Type | Holding (%) |
|---|---|
| Promoters | 67.40% |
| Retail & Others | 12.00% |
| Foreign Institutions | 10.05% |
| Other Domestic Institutions | 6.76% |
| Mutual Funds | 3.78% |
A dominant promoter stake ensures strategic clarity, while institutional participation supports long-term price stability.
NHPC Ltd operates hydroelectric power stations across India and is expanding into solar, wind, and pumped storage projects. As India accelerates its clean-energy transition, NHPC stands to benefit from long-term Power Purchase Agreements (PPAs), regulated tariffs, and low operational costs.
India’s largest hydropower utility with strong government backing
Long-term revenue visibility due to regulated operations
Expanding renewable and pumped storage capacity
Attractive dividend yield (2.50%)
Strong financial stability and predictable cash flows
India's renewable push continues to support hydropower growth
Electricity demand is rising 6–8% annually
Pumped storage projects are becoming crucial for grid stability
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 88 | 100 |
| 2027 | 98 | 112 |
| 2028 | 110 | 130 |
| 2029 | 128 | 150 |
| 2030 | 145 | 175 |
These projections reflect NHPC’s expanding renewable portfolio, steady revenue structure, and long-term growth runway.
With key hydropower projects nearing completion and rising peak power demand, NHPC may see stable revenue growth.
Growth Drivers:
Ongoing capacity addition
Higher power demand in northern & northeastern India
Better operational efficiency
Investment View: Beneficial for medium-term investors seeking stability plus moderate growth.
By 2027, several hydro units and solar parks may become operational, boosting top-line and cash flows.
Growth Drivers:
Solar and hybrid project contributions
Improved realization from PPAs
Peak-hour pricing advantage
Investment View: Suitable for long-term accumulation.
NHPC’s pumped storage projects may start playing a critical role in India’s grid balancing as renewable integration accelerates.
Growth Drivers:
Revenue from new pumped storage plants
Increased renewable energy portfolio
Higher plant availability factor
Investment View: Attractive for investors looking for green-energy exposure.
With stronger operating margins and reduced project uncertainties, NHPC may witness better valuations.
Growth Drivers:
Enhanced operational efficiency
Reduced debt from project completions
Higher dividend payouts
Investment View: Consistent and low-risk, suitable for stability-focused portfolios.
By 2030, NHPC could be a major integrated renewable and storage solutions provider in India, delivering reliable long-term returns.
Growth Drivers:
Significant contribution from solar + hydro hybrid models
Large pumped storage capacity
Strong cash flow and dividend visibility
Investment View: Excellent choice for long-term wealth creation with low volatility.
Government-backed renewable energy leader
Predictable cash flows under regulated tariff models
Attractive dividend yield (2.50%)
Strong promoter holding ensures stability
Low operational costs compared to thermal power
Hydropower project delays
Environmental and regulatory approvals
Seasonal impact (rainfall-dependent generation)
Interest rate–linked financing risks
NHPC Ltd remains a reliable and stable energy PSU with clear long-term visibility. Supported by India’s growing clean energy demand and its expanding renewable and pumped storage pipeline, NHPC is well-positioned for steady growth. According to current trends, the stock may reach ₹145 to ₹175 by 2030, offering a mix of dividend income and capital appreciation.
1. What is the current share price based on the provided data?
Around the opening/closing values near ₹77.
2. What is NHPC’s 2026 target?
The projected target range is ₹88 to ₹100.
3. Is NHPC a good long-term investment?
Yes — it offers stability, predictable revenue and exposure to renewable energy.
4. What is the 2030 target?
The expected range is ₹145 to ₹175.
5. What factors influence NHPC's share price the most?
Hydropower output, renewable expansion, tariffs, government energy policy, and project execution timelines.
Disclaimer: This article is for informational purposes only. Please consult a certified financial advisor before making investment decisions.
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