Further, the power generation company announced that upon attaining the age of superannuation, Yamuna Kumar Chaubey ceased to be director in the company with effect from 31 May 2023.

NHPC is the largest organization for hydropower development in India. It has also diversified in the field of solar & wind power. As of 31 March 2023, the Government of India held 70.95% stake in the company.

The company reported 37.73% jump in consolidated net profit to Rs 643.40 crore in Q4 FY23 from Rs 467.15 crore recorded in Q4 FY22.