National Hydroelectric Power Corporation

Surety bonds for NHPC hydro projects.

Bid, performance, mobilisation and retention bonds for NHPC hydroelectric, pumped-storage and river-valley project contracts. Acceptance confirmed against your specific tender before you bid.

0.55–1.30%indicative premium p.a.
4 hrsindicative quote turnaround
2022building India's surety desk since
Legal basis

NHPC is a central power-sector PSU. Central PSU procurement increasingly aligns with GFR 2023 Rule 170 — we verify your specific tender before you bid.

— 01 — Contract types

What NHPC contracts need bonds.

Hydro projects run long — bond tenure often matches the construction schedule.

NHPC — National Hydroelectric Power Corporation — develops hydroelectric, pumped-storage and river-valley projects across the Himalayan and peninsular river systems. Its contracts span civil works (dam, tunnel, powerhouse construction), electro-mechanical packages, and turnkey EPC for smaller schemes — multi-year tenures with correspondingly long-duration bid, performance and retention security requirements.

Because NHPC is a central PSU under the Ministry of Power, its procurement is increasingly aligned with the GFR 2023 Rule 170 framework that already governs surety-bond acceptance at NHAI, CPWD and other central infrastructure bodies. We confirm acceptance against your specific tender before you commit — not after.

— 02 — Bond types

What we place.

Bid bond

Secures your tender bid on civil or EM packages.

Performance bond

Guarantees delivery on the awarded EPC contract.

Mobilisation / advance

Frees the mobilisation advance while tracking recovery.

Retention bond

Releases retention money through the defect-liability period.

— 03 — FAQs

NHPC surety bond questions.

Does NHPC accept insurance surety bonds?
NHPC is a central PSU under the Ministry of Power, and central PSU procurement increasingly aligns with the GFR 2023 Rule 170 framework that recognises insurance surety bonds as an acceptable bid and performance security instrument. We confirm acceptance against your specific tender before you bid.
What kind of NHPC contracts need a surety bond?
Hydroelectric project civil works, pumped storage projects, dam and tunnel construction, electro-mechanical packages, and river-valley project EPC contracts.
How much does an NHPC surety bond cost?
Indicative premium is typically 0.55–1.30% of bond face value per year, depending on contract size, tenure and risk grade.
How fast can an NHPC bond be issued?
Indicative quote in 4 working hours once we've confirmed the tender's acceptance. Bond document typically issued in 2–5 working days.

Related: NTPC bond guide · GAIL bond guide · NPCIL bond guide

Have an NHPC tender? Let's check it.

Send the tender document — we'll confirm acceptance and come back with an indicative rate band in 4 working hours.