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NHPC secures ₹392.31 crore arbitral award in BGS-SGS-SOMA dispute

NHPC Limited logoNHPC Limited
Sig4.10Sen+2.45Env-0.95Soc-0.85Gov-1.15

NHPC Limited secured an arbitral award of ₹392.31 crore and €15.36 lakh from BGS-SGS-SOMA, resolving a long-running dispute tied to the Subansiri Lower Hydroelectric Project. The tribunal pronounced the award on September 1, 2026, and NHPC said it is allowable as project cost under CERC Tariff Regulations, 2024. Separately, S&P Global cut NHPC’s ESG score to 57 from 61.

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