Nhpc Limited (nhpc) Incident at Teesta VI HE Project: Explosion in Sikkim Tunnel

NHPC Limited (NHPC) experienced a serious incident at the Teesta VI HE Project in Sikkim. An explosion occurred at 1:04 PM on July 20, 2026, inside the under-construction Head Race Tunnel (HRT) due to a sudden burst of suspected methane gas. This led to dense fumes and toxic gases, trapping 25 personnel and resulting in 10 reported casualties so far.

Emergency Response Activation

Immediately after the incident, the project team activated its emergency response protocols. NHPC’s top management has reached the site and is coordinating closely with rescue teams and local authorities. A special rescue team from DG Mines-Safety has also arrived to assist in the rescue operations.

Ongoing Rescue Operations

The project team is working round-the-clock alongside the authorities to stabilize the tunnel environment and ensure the rescue of trapped personnel. The district administration, National Disaster Response Force (NDRF), State Disaster Response Force (SDRF), and local authorities are all involved in the ongoing efforts. All possible efforts are being made for the evacuation of personnel.

Commitment to Support

NHPC remains committed to extending full support to the rescue agencies and the affected families. Detailed investigations will be undertaken to ascertain the cause of the incident. The NHPC family sends prayers to the affected families during this difficult time.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of NHPC Limited

NHPC Limited belongs to the Utilities › Utilities – Renewable sector. Here’s a quick read on where the business and the stock stand today.

NHPC moves sideways over three months, with neither buyers nor sellers taking control. Industry-leading margins of 32.4% reflect exceptional pricing power and operational efficiency. Revenue contracts at 3.5% CAGR. That signals structural headwinds, not a short-term blip. The stock gains 6.8% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 3.5% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of NHPC Limited.