Thursday 26 February 2015

NTPC approves thermal power project in MP; stock flat

The stock has hit a high of Rs. 148 and a low of Rs. 146.










Shares of NTPC Ltd were trading flat 0.21% at Rs. 146.30 on BSE today. The stock has hit a high of Rs. 148 and a low of Rs. 146.

The company has accorded the investment approval for the Khargone Super Thermal Power Project (2 x 660 MW) in the state of Madhya Pradesh at an appraised current estimated cost of Rs. 9870.51 Crore subject to Environment Clearance of Ministry of Environment and Forests.

Further, the Board of Directors has also accorded approval to the proposal for NTPC's commitment to Government of India for setting up 10000 MW of Renewable Energy Projects during the next five years.

Total traded quantity on the counter stood at over 0.42 lk shares.

Meanwhile, the benchmark BSE Sensex is trading at 28,933 down 75 points.

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