NTPC tanks over 8% on the bourses
The CERC released draft regulations which will decide the multi-year power tariffs for 2014-2019, report.
Shares of NTPC has tanked nearly 9% to Rs 140 in early morning deals on the BSE after the Central Electricity Regulatory Commission (CERC) released draft regulations that will decide the multi-year power tariffs for 2014-2019.
The stock opened at Rs 146 and has seen a combined 8.09 million shares changing hands on the counter on the BSE and NSE.
The draft will set basis for regulations that will impact all regulated power generation companies, whose tariff rates are set to get cheaper, the CNBC TV18 report suggests.
The stock opened at Rs 146 and has seen a combined 8.09 million shares changing hands on the counter on the BSE and NSE.
The draft will set basis for regulations that will impact all regulated power generation companies, whose tariff rates are set to get cheaper, the CNBC TV18 report suggests.