NTPC zooms on getting investment approval for Singrauli Super Thermal Power Project Stage-III
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NTPC is currently trading at Rs. 355.95, up by 14.10 points or 4.12% from its previous closing of Rs. 341.85 on the BSE.
The scrip opened at Rs. 348.00 and has touched a high and low of Rs. 358.00 and Rs. 345.70 respectively. So far 1552302 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 358.00 on 04-Mar-2024 and a 52 week low of Rs. 166.65 on 20-Apr-2023.
Last one week high and low of the scrip stood at Rs. 358.00 and Rs. 326.30 respectively. The current market cap of the company is Rs. 345395.25 crore.
The promoters holding in the company stood at 51.10%, while Institutions and Non-Institutions held 45.86% and 3.05% respectively.
NTPC has received an investment approval for Singrauli Super Thermal Power Project, Stage-III (2x800 MW) at an appraised current estimated cost of Rs 17,195.31 crore. The Board of Directors of the Company, in its meeting held on March 3, 2024, has accorded approval for the same.
Earlier, the company’s wholly owned subsidiary -- NTPC Green Energy (NGEL) had signed a Joint Venture agreement with Maharashtra State Power Generation Company (MAHAGENCO), for development of Renewable Energy Parks in the state of Maharashtra.
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.
