Narmada Hydroelectric Development Corporation Ltd. (A joint Venture of NHPC & Govt. of M.P.) was set up on 1” August 2000 with its Corporate Office at Bhopal. NHDC was entrusted with the construction of Indira Sagar Project (1000 MW) and Omkareshwar Project (520 MW). Its authorized share capital is Rs. 3,000 crores, assets of Rs. 7484.87 crores (as on 31.03.2008) and paid up capital of Rs. 1962.58 crores. Both the projects have been completed ahead of schedule in the years 2004-05 and 2007 respectively. NHDC had mastered the technology to complete Hydro Power project (from concept to commissioning) ahead of schedule. It is an ISO 9001-2000 certified company. It is the largest organization for Hydropower development in the state of Madhya Pradesh in terms of hydropower capacity.

NHDC is committed to develop the hydropower and other renewable energy potential in Madhya Pradesh at a fast pace and generate cheap, clean and reliable power by opting the latest technologies, developing power projects within planned gestation period, protecting environment, socio-economic enlistment and preserving ecology in all its aspects including planning, investigation, research, design and preparation of preliminary feasibility and detailed project repots, construction, operation and maintenance of hydroelectric power stations and projects and sale of power generated at hydroelectric stations.