NHPC Share Price Target 2025, 2030, 2040, and 2050 Check National Hydroelectric Power Corporation Limited, NHPC, is India’s largest power sector company. The company serves India in meeting all its energy needs. NHPC is a Government of India undertaking; it was incorporated on 7th November 1975. It is headquartered at Faridabad, Haryana, and Rajendra Prasad Goyal is the present chairman of NHPC. NHPC conducts the major business of electricity generation and its distribution to all the power utilities across India. NHPC is a leader in the hydropower industry, and it has explored other renewable energy markets such as wind and solar power. The company’s primary business lies in the generation of power with hydroelectric plants; however, the company has made great strides in the area of renewable energy.
The largest hydropower development company of India, as per the recent reports, NHPC produces over 40% of the country’s total hydropower capacity along with a large portion of the nation’s wind power generation. It has a wide number of hydropower plants in several Indian states and is currently involved in various new project developments. NHPC’s vision is to utilize the abundant water resources of the country to produce clean and renewable power for achieving India’s energy security and meeting its climate change mitigation goals.
NHPC has seen great performances on the stock exchange and there has been a strong reason for that, especially backed by its status as one of the important names in the Indian power sector and being a PSU company with sound fundamentals. NHPC Share indeed remains one of the good stocks where stability is seeking an excellent return for short-term and long-term investing for the investors. NHPC, if seen by its price history, was trading at ₹25.89 in May 2021, and had jumped to ₹96.84 in February 2024. It’s a big rise that showcases the company’s market strength, coupled with growing electricity demand in India. NHPC would continue to benefit because of the demand for power is bound to go up as more people join the country’s economy.
Looking forward, it is projected that NHPC’s share price would be rising by 3 to 4 times more in the near future. This is because of the basic market logic of supply and demand. Another cause for growth is the additional worldwide drive towards renewable energy sources, including hydroelectric, solar, and wind power. All around the world, governments are increasingly looking upon renewable sources of energy as alternatives and not mere supplementary sources of energy, especially away from coal. NHPC has a significant presence in the hydropower and renewable energy sector. It, therefore, benefits from these trends and is set to continue taking its stock price even further up.
