NHPC Stake Sale Starts Tuesday, February 11, 2026

The Indian government will sell up to 6% of its NHPC shares starting Tuesday, February 11, 2026. This is part of a plan to raise money and increase public ownership.
By Newsroom | Finance, India |

New Delhi – The Indian government is set to divest up to 6% of its holdings in the National Hydroelectric Power Corporation (NHPC), with the Offer For Sale (OFS) commencing on Tuesday, February 11, 2026. A floor price of ₹86.50 per share has been established for the transaction. This move signals a continuation of the government's broader strategy to reduce its equity in public sector undertakings.

NHPC OFS: Govt To Sell Up To 6% Stake Via Offer Opening Tuesday; Floor Price Fixed - NDTV Profit - 1

The OFS will run for two days, concluding on Wednesday, February 12, 2026. This staggered offering period allows for market participation over a defined window. The government, through its entity Power Resources (India) Ltd, is orchestrating the sale, aiming to raise capital and potentially increase the public float of NHPC shares.

NHPC OFS: Govt To Sell Up To 6% Stake Via Offer Opening Tuesday; Floor Price Fixed - NDTV Profit - 2

The sale is structured to offload a maximum of 4.79 crore equity shares, representing 1.5% of NHPC's total issued and paid-up capital. An additional 14.18 crore shares, or 4.5%, can be sold in case of oversubscription.

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NHPC OFS: Govt To Sell Up To 6% Stake Via Offer Opening Tuesday; Floor Price Fixed - NDTV Profit - 3

Market Context

NHPC, a public sector enterprise, is involved in the planning, investigation, design, execution, operation, and maintenance of hydroelectric power projects. Its stock has seen fluctuations in recent periods, making the timing of this divestment a point of interest for investors tracking the energy sector. The government's decision to proceed with the sale at the current floor price suggests an assessment of market conditions and the company's valuation.

Government's Divestment Agenda

This stake sale aligns with the government's ongoing disinvestment program. Such initiatives are often framed as efforts to improve efficiency and unlock value in state-owned enterprises. The proceeds from this NHPC sale are expected to contribute to the government's fiscal targets.

NHPC: A Profile

Established in 1975, NHPC is India's largest hydroelectric power generation company. It operates across the spectrum of power generation, from large-scale hydroelectric projects to smaller ones, and is also involved in the transmission of power. The company's role in the nation's energy security is significant.

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Frequently Asked Questions

Q: When does the NHPC stake sale begin and end?
The government's Offer For Sale (OFS) for NHPC shares starts on Tuesday, February 11, 2026, and will end on Wednesday, February 12, 2026. This gives investors two days to participate.
Q: What is the minimum price for NHPC shares in the sale?
The government has set a floor price of ₹86.50 per share for the NHPC stake sale. This is the lowest price at which shares will be sold.
Q: How many NHPC shares is the government selling?
The government plans to sell up to 6% of its holdings in NHPC. This includes an initial 1.5% and an additional 4.5% if the sale is oversubscribed.
Q: Who is selling the NHPC shares?
The Indian government, through its entity Power Resources (India) Ltd, is selling up to 6% of its stake in NHPC. This is part of the government's plan to reduce its ownership in state-owned companies.
Q: Why is the government selling NHPC shares?
The government is selling NHPC shares to raise capital for its fiscal targets and to increase the number of shares available to the public. This is part of a larger disinvestment program.