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01-01-1970 12:00 AM | Source: Accord Fintech
NTPC moves up as its JV planning to invest Rs 150 crore for upscaling 100 energy efficiency projects
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NTPC is currently trading at Rs. 151.70, up by 1.00 points or 0.66% from its previous closing of Rs. 150.70 on the BSE.

The scrip opened at Rs. 152.60 and has touched a high and low of Rs. 152.60 and Rs. 150.70 respectively. So far 48316 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 166.30 on 19-Apr-2022 and a 52 week low of Rs. 111.95 on 26-Aug-2021.

Last one week high and low of the scrip stood at Rs. 152.60 and Rs. 147.10 respectively. The current market cap of the company is Rs. 146952.98 crore.

The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 45.49% and 3.40% respectively.

Energy Efficiency Services (EESL), a joint venture of four PSUs including NTPC, Power Finance Corporation, Rural Electrification Corporation & Power Grid Corporation, is planning to invest Rs 150 crore for upscaling 100 energy efficiency projects in different industrial units of various sectors.

This investment will be part of the EESL's Demonstration of Energy Efficiency Project (DEEP). The project is aimed at implementing innovative energy efficiency technologies and deploying large-scale energy efficiency measures in the industries covered under the PAT scheme.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.