NHPC gains as its arm commissions 88 MW Omkareshwar Floating Solar Power Plant
NHPC is currently trading at Rs. 82.04, up by 1.47 points or 1.82% from its previous closing of Rs. 80.57 on the BSE.
The scrip opened at Rs. 80.76 and has touched a high and low of Rs. 82.93 and Rs. 79.89 respectively. So far 950982 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.45 on 15-Jul-2024 and a 52 week low of Rs. 49.20 on 01-Nov-2023.
Last one week high and low of the scrip stood at Rs. 82.93 and Rs. 77.15 respectively. The current market cap of the company is Rs. 82339.15 crore.
The promoters holding in the company stood at 67.40%, while Institutions and Non-Institutions held 20.29% and 12.32% respectively.
NHPC’s subsidiary -- NHDC has successfully commissioned the full 88 MW capacity of the Omkareshwar Floating Solar Power Plant (FSPV), Unit-D located in the reservoir of the Omkareshwar project, Madhya Pradesh on October 29, 2024 with annual generation capacity of 204.58 MUs. The cost of the project was Rs 589.16 crore. The expected annual revenue to be earned from the project is Rs 65.87 crore.
NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy work.
