NHPC Limited has approved two significant hydropower projects in Jammu & Kashmir. The Uri-I Stage-II (240 MW) will see an investment of ₹27.09 billion, while the Dulhasti Stage-II (260 MW) will involve ₹29.94 billion. Both projects are set to begin construction on March 1, 2026.
NHPC Limited, a Government of India Navratna enterprise, has announced the outcome of its Board of Directors meeting held on February 20, 2026. The company has cleared two major investment proposals aimed at strengthening India’s renewable energy infrastructure in Jammu & Kashmir. These projects underline NHPC’s commitment to expanding hydropower capacity and supporting sustainable energy development.
Key Highlights
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Investment approval of ₹27.09 billion for Uri-I Stage-II Hydroelectric Project (240 MW)
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Project includes ₹264.31 crore for Interest During Construction and ₹26.20 crore for enabling infrastructure
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Investment approval of ₹29.94 billion for Dulhasti Stage-II Hydroelectric Project (260 MW)
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Project includes ₹289.06 crore for Interest During Construction and ₹245 crore for enabling infrastructure
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Both projects scheduled to commence construction on March 1, 2026, subject to implementation agreements with the Government of Jammu & Kashmir and JKSPDC
These strategic investments reinforce NHPC’s role as a leading hydropower developer, contributing to India’s clean energy transition and regional economic growth.
Source: NHPC Limited, BSE, NSE