NHPC Ltd, a state-run hydropower company in India, aims to significantly expand its installed capacity to 23 GW by 2032 and exceed 50 GW by 2047. Current projects in progress include the commissioning of the Parbati-II HE Project by March 2025 and three units of the Subansiri Lower HE Project by May 2025. These initiatives will contribute to an additional 6,500 million units of electricity generation in the upcoming financial year. NHPC is venturing into renewable energy sectors like solar, wind, pump hydro storage projects, and green hydrogen. NHPC is designated as a Renewable Energy Implementing Agency with a 10 GW annual target and is also focusing on developing Green Hydrogen Technology through pilot projects and scaling up capacities based on the learnings. The company plans to raise funds through internal accruals, loans from financial institutions, and a loan from a Japanese bank, with a sound debt to equity ratio. NHPC also has plans to monetize the Dulhasti Power Station to fund equity portions of projects. The company is transitioning its renewable energy business to NHPC Renewable Energy Ltd, considering a potential listing in the future. NHPC anticipates maintaining profitability in the current fiscal year and projects a significant increase in revenue and profitability in the next financial year.