NTPC Green Energy inches up on signing MoU with Singareni Collieries Company
NTPC Green Energy is currently trading at Rs. 98.40, up by 0.25 points or 0.25% from its previous closing of Rs. 98.15 on the BSE.
The scrip opened at Rs. 99.15 and has touched a high and low of Rs. 99.15 and Rs. 98.30 respectively. So far 11974 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 155.30 on 04-Dec-2024 and a 52 week low of Rs. 84.60 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 99.35 and Rs. 98.05 respectively. The current market cap of the company is Rs. 82704.43 crore.
The promoters holding in the company stood at 89.01%, while Institutions and Non-Institutions held 6.42% and 4.58% respectively.
NTPC Green Energy (NGEL) has signed a Memorandum of Understanding (MoU) with the Singareni Collieries Company (SCCL) on in Hyderabad. The MoU aims to explore business opportunities of mutual interest towards development of Renewable Energy Projects including Solar, Wind and Hybrid Projects with or without storage, Green Hydrogen/derivatives, green mobility etc.
NTPC Green Energy is a wholly owned subsidiary of NTPC, a ‘Maharatna’ central public sector enterprise. The company is mainly engaged in the activity of developing, building, owning, operating and maintaining utility scale grid connected solar and wind power projects (through O&M operations and in-house engineering).
