NTPC Hydro Limited (NHL), a wholly owned subsidiary of NTPC Limited, was set up in December, 2002 with a view to give exclusive thrust to development of small and medium sized Hydro Electric Power Projects up to 250 MW capacity. Currently the share capital of the Company is Rs. 500 Crores.

NHL’s maiden venture is LATA-TAPOVAN H.E. Power Project 171 MW (3 x 57) in the State of Uttaranchal. NHL had taken up detailed Survey & Investigation works for preparation of Detailed Project Report (DPR) for establishing Techno-Economic viability of the project. The DPR of this project has been completed and approved by NTPC Board. Subsequently, CEA accorded concurrence Techno-Economic Clearance (TEC) on February, 2006.  The Stage - I Defence Clearance & Ministry of Environment Forestation Stage - I & II Clearances are also accorded.  As per Implementation Agreement executed between NHL and Government of Uttaranchal (GoUA) in November, 2005, the project shall be developed as a regional power station with 12% free power to GoUA. The land acquisition and pre-construction activities have been taken up. The project is scheduled for commissioning by March, 2012. The estimated cost of this project including IDC is Rs. 792 Cr. Annual Generation from this project is estimated   869 MU.

NHL’s subsequent venture is RAMMAM ST-III H.E. Power Project 120 MW (3 x 40) in West Bengal.  NHL has taken up required Survey, Geological & Geo-technical investigations for preparation of DPR. The DPR of this project has been approved by the NTPC Board. CEA has accorded its Techno-Economic Clearance (TEC) in September, 2006. The Stage – I Defence Clearance and Ministry of Environment Forestation Stage - I & II Clearances have been obtained.  The land acquisition and pre-construction activities for the project have been taken up. The project is scheduled for commissioning by March, 2012. The estimated cost of this project including IDC is Rs. 633.92 Cr. Annual Generation from the project is estimated   476 MU.  As per Implementation Agreement, 85% of the power generated from this project shall be taken by West Bengal State Electricity Board (WBSEB) and remaining 15% shall rest with NHL.