NHDC has registered a net profit of Rs 1063.63 crore during the financial year 2013-14. The corporation has declared a dividend of Rs 792.88 crore for the financial year 2013-14 in its AGM to its shareholders NHPC and the State Government in the ratio of their equity contribution of 51 per cent and 49 per cent respectively.
The revenue of the NHDC during the year was Rs 2115.43 crore. The performance of both Indira Sagar and Omkareshwar during FY 2013-14 qualifies for ‘Excellent Category’ with highest ever generation of 5711 MU, which is 61 per cent higher than the MOU target of 3553 million units.
The Plant Availability Factor (PAF) of Power Stations was also ‘excellent’ as the scores were 90.54 per cent for Indira Sagar Power Station and 98.05 per cent for Omkareshwar Project against set target of
88 per cent and 95 per cent respectively.
Since commissioning of these two projects till 27 August, 2014, 3, 4372 million units of power has been generated from Indira Sagar and Omkareshwar and supplied to the State of Madhya Pradesh, with average cost of Rs 2.74 per unit (approximately).
NHDC for the sixth time has received NIl comments consecutively from Comptroller and Auditors General and Government of India on its maintenance of accounts. RST Sai, CMD, NHPC & Chairman NHDC, RS Mina, Managing Director, NHDC, KM Singh, Chief Executive Director, NHDC, Rajneesh Vaish, IAS, Vice Chairman NVDA and other senior officers of NHPC, NHDC and State Government were also present on this occasion.
The company, under energy conservation initiatives has installed 20 KW, 15 KW and 20 KW capacity Solar PV plants at Indira Sagar and Omkareshwar and Corporate Office respectively for captive purposes.
However, for the development of solar power on commercial basis on the available land in and around existing projects, NHDC is in consultation with Solar Energy Corporation of India (a Government of India Enterprise), an implementing agency under the Union Ministry of New and Renewable Energy.