diff --git a/.gitignore b/.gitignore
index 6a48a88f2..f94e511db 100644
--- a/.gitignore
+++ b/.gitignore
@@ -30,3 +30,5 @@ testbin
 test
 build
 hack/manifests
+
+hack/vars.rst
diff --git a/Makefile b/Makefile
index 2ee629874..9f2354561 100644
--- a/Makefile
+++ b/Makefile
@@ -413,6 +413,11 @@ release-build:
 	cd hack && $(GO) run release.go --templateDir ./templates/values/ --outputDir ../deployment/network-operator/
 	cd hack && $(GO) run release.go --templateDir ./templates/config/manager --outputDir ../config/manager/
 
+.PHONY: generate-docs-versions-var
+generate-docs-versions-var:
+	cd hack && $(GO) run release.go --templateDir ./templates/docs-versions-var/ --outputDir .
+	mv hack/vars.yaml hack/vars.rst
+
 # dev environment
 
 MINIKUBE_CLUSTER_NAME = net-op-dev
diff --git a/hack/release.go b/hack/release.go
index 13ee86ff3..74aa2f5d7 100644
--- a/hack/release.go
+++ b/hack/release.go
@@ -55,6 +55,8 @@ type SHA256ImageRef struct {
 
 // Release contains versions for operator release templates.
 type Release struct {
+	OcpDefaulChannel             string
+	HelmChartVersion             string
 	NetworkOperator              *ReleaseImageSpec
 	NetworkOperatorInitContainer *ReleaseImageSpec
 	SriovNetworkOperator         *ReleaseImageSpec
@@ -75,6 +77,7 @@ type Release struct {
 	DOCATelemetryService         *ReleaseImageSpec
 	OVSCni                       *ReleaseImageSpec
 	RDMACni                      *ReleaseImageSpec
+	Nfd                          *ReleaseImageSpec
 }
 
 func readDefaults(releaseDefaults string) Release {
@@ -136,6 +139,10 @@ func main() {
 	if *retrieveSha {
 		resolveImagesSha(&release)
 	}
+	parts := strings.Split(release.NetworkOperator.Version, ".")
+	release.OcpDefaulChannel = fmt.Sprintf("%s.%s", parts[0], parts[1])
+	release.HelmChartVersion = strings.TrimPrefix(release.NetworkOperator.Version, "v")
+
 	var files []string
 	err := filepath.Walk(*templateDir, func(path string, info os.FileInfo, err error) error {
 		// Error during traversal
diff --git a/hack/release.yaml b/hack/release.yaml
index 2be8cc1b0..d6349d32b 100644
--- a/hack/release.yaml
+++ b/hack/release.yaml
@@ -1,6 +1,7 @@
 NetworkOperator:
   image: network-operator
   repository: nvcr.io/nvstaging/mellanox
+  version: v24.7.0-beta.2
 NetworkOperatorInitContainer:
   image: network-operator-init-container
   repository: ghcr.io/mellanox
@@ -77,3 +78,5 @@ rdmaCni:
   image: rdma-cni
   repository: ghcr.io/k8snetworkplumbingwg
   version: v1.2.0
+Nfd:
+  version: v0.15.6
diff --git a/hack/templates/docs-versions-var/vars.template b/hack/templates/docs-versions-var/vars.template
new file mode 100644
index 000000000..116c02c68
--- /dev/null
+++ b/hack/templates/docs-versions-var/vars.template
@@ -0,0 +1,21 @@
+.. |network-operator-version| replace:: {{ .NetworkOperator.Version }}
+.. |helm-chart-version| replace:: {{ .HelmChartVersion }}
+.. |ocp-channel| replace::  {{ .OcpDefaulChannel }}
+.. |mofed-version| replace:: {{ .Mofed.Version }}
+.. |mofed-init-container-version| replace:: {{ .NetworkOperatorInitContainer.Version }}
+.. |sriov-device-plugin-version| replace:: {{ .SriovDevicePlugin.Version }}
+.. |k8s-rdma-shared-dev-plugin-version| replace:: {{ .RdmaSharedDevicePlugin.Version }}
+.. |ib-kubernetes-version| replace:: {{ .IbKubernetes.Version }}
+.. |cni-plugins-version| replace:: {{ .CniPlugins.Version }}
+.. |multus-version| replace:: {{ .Multus.Version }}
+.. |ipoib-cni-version| replace:: {{ .Ipoib.Version }}
+.. |whereabouts-version| replace:: {{ .IpamPlugin.Version }}
+.. |nvidia-ipam-version| replace:: {{ .NvIPAM.Version }}
+.. |nic-feature-discovery-version| replace:: {{ .NicFeatureDiscovery.Version }}
+.. |sriovnetop-version| replace:: {{ .SriovNetworkOperator.Version }}
+.. |sriovnetop-sriov-cni-version| replace:: {{ .SriovCni.Version }}
+.. |sriovnetop-ib-sriov-cni-version| replace:: {{ .SriovIbCni.Version }}
+.. |sriovnetop-sriov-device-plugin-version| replace:: {{ .SriovDevicePlugin.Version }}
+.. |doca-telemetry-version| replace:: {{ .DOCATelemetryService.Version }}
+.. |node-feature-discovery-version| replace:: {{ .Nfd.Version }}
+