NTPC gains on synchronisation of solar power project

200 MW out of 250 MW of Stage-I Ananthapuramu Ultra Mega Solar Power Project has been synchronized o

NTPC gains on synchronisation of solar power project
SI Reporter Mumbai
Last Updated : May 04 2016 | 2:56 PM IST
Shares of NTPC were up nearly 2% at Rs 139 on the Bombay Stock Exchange after the company informed that 200 MW out of 250 MW of Stage-I Ananthapuramu Ultra Mega Solar Power Project has been synchronized on April 30, 2016.

With this, the total capacity of non-conventional energy projects of NTPC Ltd. has become 310 MW, the company said in a release.

Further, the Government of Jharkhand has notified 'PTPS Transfer Scheme, 2015’ on April 01, 2016 transferring specified assets of Patratu Thermal Power Station to PUVNL, a subsidiary Company of NTPC Ltd., resulting in addition of 325 MW to NTPC’s Group capacity, the release added.

The stock opened at Rs 136 and touched a high of Rs 139. At 2:55pm, over 4.9 million shares were traded on both the stock exchanges.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 04 2016 | 2:55 PM IST

Next Story