TRF surges on Rs 361-cr new orders for coal handling plant

The company received Rs 360 crore orders from Nabinagar Power Generating Company Private Limited, a joint venture Company of NTPC and Bihar State Power (Holding) Company.

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SI Reporter Mumbai
Last Updated : Apr 01 2013 | 9:30 AM IST
TRF has surged over 11% to Rs 159 in early morning deals on NSE after the company received Rs 360 crore orders from Nabinagar Power Generating Company Private Limited, a joint venture Company of NTPC and Bihar State Power (Holding) Company.

“The order is for designing, engineering, manufacturing, supplying, erecting, testing and commissioning of a coal handling plant for a 3 x 660MW coal-based super thermal power project coming up at Nabinagar,” TRF said in a filing.

The stock opened at Rs 148 and has seen a combined around 30,000 shares changing hands on the counter on NSE and BSE at 0923 hours.
 

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First Published: Apr 01 2013 | 9:24 AM IST

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