Monday 6 June 2016

NHPC expects to commission 610 MW hydro projects this fiscal

"We are hopeful of commissioning two units of 40 MW each of the 160 MW Teesta Low Dam Project Stage IV in West Bengal and 330 MW Kishanganga projects," NHPC Chairman and Managing Director KM Singh reportedly said.

National Hydroelectric Power Corporation IS PLANNING to commission nearly 610 MW hydro projects this fiscal, according to reports,
NHPC"We are hopeful of commissioning two units of 40 MW each of the 160 MW Teesta Low Dam Project Stage IV in West Bengal and 330 MW Kishanganga projects," NHPC Chairman and Managing Director KM Singh reportedly said.

The company reported that it also expects commissioning one unit of 200 MW of the 800 MW Parbati II in Himachal Pradesh. 

NHPC Ltd ended at Rs. 24.65, up by Rs. 0.1 or 0.41% from its previous closing of Rs. 24.55 on the BSE.

The scrip opened at Rs. 24.55 and touched a high and low of Rs. 24.9 and Rs. 24.3 respectively. A total of 12504240(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 27289.2 crore.

The BSE group 'A' stock of face value Rs. 10 touched a 52 week high of Rs. 24.9 on 03-Jun-2016 and a 52 week low of Rs. 15.55 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 24.9 and Rs. 22.1 respectively.

The promoters holding in the company stood at 85.96 % while Institutions and Non-Institutions held 6.99 % and 7.05 % respectively.

The stock traded above its 50 DMA.

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