NHPC surprises its investor by publishing timely Q4 report; to pay all its debt by the end of Poush

ShareSansar, July 31:

NHPC surprises its investors by publishing its 4th quarterly report on time.  An encouraging aspect of the financial report is that its reserve fund has risen to Rs 30.93 crore in the fourth quarter report up from Rs 16.72 crore in the 2070/71 FY unaudited report.

NHPC also expects to pay off all its debt by the end of Poush 2072/73. At present its total loan stands at Rs 6.61 crore.

Besides Indrawati 3, NHPC also was promoter of 4.5 MW Lower Indrawati which was cancelled by Ministry of Energy on 30^th Poush, 2071. NB group took out loans to build Lower Indrawati. But the group discarded the project midway.

The total capital invested in the lower Indrawati project was Rs 35 crore and loan taken for same project was Rs 25.66 crore.

NHPC is now in search of new project for investment.

It was in the year 2010 that the company had announced a cash dividend of six percent but it did not distribute.

Its EPS (annualized) stands at Rs 4.53, net worth per share is Rs 120.11 and P/E ratio is 25.60 times.