NHPC has secured ‘Navratna Status’ from Department of Public Enterpsies (DPE), Ministry of Finance, Government of India.
Navratna companies in India can invest up to Rs 1,000 crore or 15% of their net worth in a single project without needing government approval. These companies have the liberty to invest up to 30% of their net worth within a year as long as it stays below Rs 1,000 crore.
NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.
