Chenab Valley Power Projects Limited (CVPPL)
CVPPL is a government joint-venture company implementing hydroelectric projects in the Chenab basin; the company website states an NHPC 51% / JKSPDCL 49% structure, while CARE Ratings reported NHPC 59.25% and JKSPDCL 40.75% as of 30 September 2025. On 30 January 2026, it lowered the 420-tonne turbine rotor for Unit II of the 1,000 MW Pakal Dul Hydroelectric Project.
This page is a factual profile built from official sources: enterprise filings, the DPE Public Enterprises Survey, PIB releases, government orders and CAG reports. Figures carry their year; where no official figure was found, the field is left out rather than estimated.
How we verify →CVPPL is a government joint-venture company implementing hydroelectric projects in the Chenab basin; the company website states an NHPC 51% / JKSPDCL 49% structure, while CARE Ratings reported NHPC 59.25% and JKSPDCL 40.75% as of 30 September 2025. On 30 January 2026, it lowered the 420-tonne turbine rotor for Unit II of the 1,000 MW Pakal Dul Hydroelectric Project.
What happened
The company website states that CVPPL was incorporated on 13 June 2011, is owned 51% by NHPC and 49% by JKSPDCL, and is responsible for four Chenab-basin projects with aggregate capacity of 3,094 MW.
CVPPL's official release of 30 January 2026 records the lowering of the Unit II rotor at Pakal Dul. It describes the rotor as having 20 poles and weighing 420 tonnes, and the project as four 250 MW units.
What we could not confirm
The company is still constructing its principal projects and reported no revenue from operations in FY2024-25. DPE did not show a separate Schedule A-D or Ratna designation in the sources opened.