In compliance to Regulations 30 and 34 of SEBI (LODR) Regulations, 2015, the Annual Report for FY 2025-26 including Notice of 50th AGM of the Company is submitted.

Company Secretariat एनएचपीसी ऑिफस कॉ(cid:817)(cid:600)े(cid:411), सै(cid:387)र-33, NHPC Office Complex, Sector-33, Faridabad (Haryana)-121003 फोन/Phone: 0129-2588110, 2278018 CIN: L40101HR1975GOI032564 ईमेल/Email:cs-co@nhpc.nic.in companysecretary@nhpc.nic.in संदभ (cid:91)स.ं/Ref. No. NH/CS/199 Corporate Relationship Department/ कॉप(cid:574)रेट संबंध Listing Department/ (cid:871)लि(cid:232)टंग (cid:874)वभाग, (cid:874)वभाग, M/s National Stock Exchange of India Limited/ नशे नल M/s BSE Limited/ बीएसई (cid:871)ल(cid:871)मटेड, (cid:232)टॉक ए(cid:200)सच(cid:581)ज ऑफ इं(cid:875)डया (cid:871)ल(cid:871)मटेड, Phiroze Jeejeebhoy Towers / (cid:873)फरोज जीजीभोय टावस,(cid:91) Exchange Plaza, Bandra Kurla Complex/ ए(cid:200)सच(cid:581)ज (cid:220)लाजा, बा(cid:289)ं ा Dalal Street,/दलाल (cid:232)(cid:282)(cid:547)ट, कुला(cid:91) कॉ(cid:224)(cid:220)ले(cid:200)स, Mumbai/ मुंबई -400 001 Bandra (E)/ बां(cid:289)ा (ई), Mumbai/ मुंबई - 400 051 Scrip Code: 533098 Scrip Code: NHPC ISIN No. INE848E01016 Sub: Notice of 50th Annual General Meeting (AGM) and Annual Report 2025-26 (cid:874)वषय: 50वीं वा(cid:874)षक(cid:91) आम बैठक क(cid:551) सूचना और वा(cid:874)षक(cid:91) (cid:464)रपोट(cid:91) 2025-26 In continuation of our earlier letter dated 03.08.2026 and pursuant to Regulations 30 and 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached Annual Report for the financial year 2025-26 including Notice of 50th AGM of the Company scheduled to be held on Friday, August 28, 2026 at 11:30 A.M. (IST) through Video Conference (VC)/ Other Audio Visual Means (OAVM). The aforesaid Annual Report including Notice of 50th AGM is also available on the website of Company at the link https://www.nhpcindia.com/assests/pzi_public/gallery/17859081100.pdf . The Company is providing remote e-Voting facility to all its members to cast their votes on all resolutions as set out in the Notice of the 50th AGM. Remote e-Voting period commences on Tuesday, 25th August, 2026 at 9:00 AM (IST) and ends on Thursday, 27th August, 2026 at 5:00 PM (IST). During this period, members of the Company, holding shares either in physical form or in dematerialized form, as on the cut-off date i.e. Friday, 21st August, 2026, shall be entitled to avail the facility of remote e-Voting. Further, e-Voting facility shall also be available at the AGM for members (as on cut-off date) who had not cast their votes through remote e-Voting. The details regarding manner of registering/updating e-mail address, casting vote through e-Voting/remote e-Voting, attending AGM through VC/OAVM have been set out in the notice of 50th AGM. This is for your information and record. हमारे पूव (cid:91)प(cid:287) (cid:465)दनांक 03.08.2026 के अन(cid:272)ु म म(cid:581) और सेबी [सचू ीब(cid:622)धता ((cid:871)लि(cid:232)टंग) बा(cid:218)यताएँ और (cid:292)कट(cid:547)करण अपे(cid:162)ाए]ँ (cid:874)व(cid:467)नयम, 2015 के (cid:874)व(cid:467)नयम 30 और 34 के अनुसार, कृपया (cid:874)व(cid:419)ीय वष (cid:91) 2025-26 के (cid:871)लए वा(cid:874)षक(cid:91) (cid:464)रपोट(cid:91) के साथ कंपनी क(cid:551) 50वी ं वा(cid:874)षक(cid:91) आम बैठक (एजीएम) क(cid:551) सूचना का संल(cid:202)न (cid:292)ा(cid:220)त कर(cid:581), जो, श(cid:272)ु वार, 28 अग(cid:232)त, 2026 को पूवा(cid:91)(cid:233)न 11:30 बज े (आईएसट(cid:547)) वी(cid:875)डयो कॉ(cid:219)(cid:293)(cid:581)स (वीसी)/ अ(cid:219)य ऑ(cid:875)डयो (cid:874)वजुअल मा(cid:218)यम(cid:585) (ओएवीएम) के मा(cid:218)यम से आयोिजत क(cid:551) जाएगी। उपरो(cid:200)त वा(cid:874)षक(cid:91) (cid:464)रपोट(cid:91) के साथ 50th एजीएम क(cid:551) सचू ना कंपनी क(cid:551) वेबसाइट (cid:871)लकं https://www.nhpcindia.com/assests/pzi_public/gallery/17859081100.pdf पर भी उपल(cid:222)ध है। कंपनी अपने सभी सद(cid:232)य(cid:585) को 50वीं वा(cid:874)षक(cid:91) आम बैठक (एजीएम) क(cid:551) सूचना म(cid:581) उि(cid:227)ल(cid:872)खत सभी (cid:292)(cid:232)ताव(cid:585) पर वोट डालने के (cid:871)लए (cid:464)रमोट ई-वो(cid:465)टगं स(cid:874)ुवधा (cid:292)दान कर रह(cid:547) है। (cid:464)रमोट ई-वो(cid:465)टगं अव(cid:876)ध मंगलवार, 25 अग(cid:232)त, 2026 को सुबह 9:00 बज े (भारतीय दौरान, कंपनी के वे सद(cid:232)य, िजनके पास कट-ऑफ (cid:467)त(cid:876)थ अथा(cid:91)त शु(cid:272)वार, 21 अग(cid:232)त, 2026 को भौ(cid:467)तक (cid:510)प म(cid:581) या अभौ(cid:467)तक (cid:510)प म(cid:581) ह(cid:303)रत ऊजा(cid:330) का सश(cid:389) आधार Company Secretariat एनएचपीसी ऑिफस कॉ(cid:817)(cid:600)े(cid:411), सै(cid:387)र-33, NHPC Office Complex, Sector-33, Faridabad (Haryana)-121003 फोन/Phone: 0129-2588110, 2278018 CIN: L40101HR1975GOI032564 ईमेल/Email:cs-co@nhpc.nic.in companysecretary@nhpc.nic.in के बारे म(cid:581) (cid:874)ववरण 50वी ं एजीएम के नो(cid:465)टस म(cid:581) (cid:465)दए गए ह(cid:583)। यह आपक(cid:551) जानकार(cid:547) और (cid:464)रकॉड (cid:91)के (cid:871)लए है । ध(cid:219)यवाद, भवद(cid:547)य, ((cid:510)पा देब) ह(cid:303)रत ऊजा(cid:330) का सश(cid:389) आधार POWERING FOR A VIKSIT SUSTAINABLE FUTURE WITH BHARAT GREEN POWER ANNUAL REPORT 2025-26 ANNUAL REPORT 2025-26 JAN 2026-JAN 2027 50+ Years of Excellence and the Journey Ahead in Sustainable Energy Transition (1975-2026) ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018 Certified Company Corporate Office: NHPC Office Complex, Sector-33, Faridabad-121003 CIN: L40101HR1975G01032564, Website: www.nhpcindia.com Follow NHPC at : @nhpcltd @NHPCIndiaLimited nhpclimited NHPC Limited NHPC Limited gnitnirP detnirP dengiseD Powering a Stronger, 1,850 MW Greener India Added in FY 2025-26 Vision To be a global leading organization for sustainable development of clean power through competent, responsible and innovative values. 800 MW Parbati-II P Ho imwe ar hS ata t Pio ran d, esh. Mission To achieve excellence in development of clean power at international standards. To execute & operate projects through efficient and competent contract management and innovative R&D in environment friendly and socio-economically responsive manner. To develop, nurture and empower the human capital to leverage its full potential. Tec cT o o oo mm r ap pp dr p loa oe rc ya ptt ee t ti e se t i d v it nceh a un nle u st ib te vt oe y ab s taa et n s c srde ,o d aesr p tnhm eo vo -ar iw ora n fit a -n ne tg g g e eco em -ov anee rn c r n et a r ef dnon r hc sf oe na or oa s ln et or td go A cr ou mAna s omL sc a iho 2smw a 0sl (P 7r 0S r 5P drb do a Me ojn e s )Whs c i t / r ,i and optimize use of natural resources through effective management. Values Zeal to excel and zest for change. Integrity and fairness in all matters. Respect for dignity and potential of individuals. Strict adherence to commitments. Ensure speed of response. Foster learning, creativity and team work. 300 MW Loyalty and pride in the Company. Solar Power Plant, Karnisar, Bikaner, Rajasthan. A Navratna Company A Navratna Company CONTENTS NHPC Board of Directors 2 Compliance Certificate on Corporate Governance 181 Reference Information 3 Business Responsibility and Sustainability Report (BRSR) 184 Digest of Important Financial Data 5 Achievements against Key Parameters of MoU targets 254 Chairman’s Statement 7 Statutory Auditors’ Report 259 NHPC’s Performance 11 Financial Statements 278 Directors’ Profile 12 CONSOLIDATED NHPC Power Stations 17 Notice of AGM 18 Statutory Auditors’ Report 446 Directors’ Report 45 Financial Statements 458 Annual Report on CSR & Sustainability 112 CAG COMMENTS Secretarial Audit Report 145 Report on Corporate Governance 155 Comments of Comptroller and Auditor General of India 630 Annual Report 2025-26 BOARD OF DIRECTORS As on July 30, 2026 Shri Bhupender Gupta Chairman & Managing Director Shri Sanjay Kumar Singh Shri Suprakash Adhikari Shri Mahesh Kumar Sharma Director (Projects) Director (Technical) Director (Finance) Shri Paresh Rasiklal Ranpara Shri Diwakar Nath Misra Dr. Bernadette Lyngdoh Director (Personnel) Government Nominee Director Independent Director A Navratna Company REFERENCE INFORMATION Registered & Corporate Office M/s S. C. Mohanty & Associates NHPC Office Complex, C-124, Mohammadpur, Ground Floor, TCT House, Se [Showing first 8,000 characters — download PDF for full document]