NHPC net up 28 per cent at Rs 2,772 cr

NHPC net up 28 per cent at Rs 2,772 cr

NHPC, country’s largest hydro power generating company, on Friday,  reported 28  per cent jump in net profit for financial year ended March 31, 2012, at Rs 2,772 crore.

The company had posted a net profit of Rs 2,167 crore during the previous financial year (2010-11), Chairman & Managing Director A B L  Srivastava told reporters here.

The company registered a turnover of Rs 5,510 crore as against Rs 4,046 crore in the previous fiscal.

He said the company plans to commission 1,200 MW of capacity during the current financial year (2012-13), which is a spill-over from the last fiscal’s (2011-12) target.

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