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NTPC commissions unit-2 of Khargone Super Thermal Power Station

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Capital Market 

NTPC on Friday (3 April 2020) informed that unit-2 of 660 MW of Khargone Super Thermal Power Station (2 x 660 MW) will start commercial operation on 4 April 2020.

With this, the commercial capacity of Khargone Super Thermal Power Station, NTPC and NTPC group will become 1320 MW, 50355 MW and 61786 MW respectively.

Shares of NTPC were down 1.05% to Rs 80.25. The stock hit a high of Rs 82.50 and a low of Rs 79.35 so far.

NTPC's consolidated net profit rose 22.37% to Rs 3,179.06 crore on a 0.31% fall in net sales to Rs 25,412.39 crore in Q3 December 2019 over Q3 December 2018.

NTPC is a maharatna company operating in the power generation business. The principal business activity of the firm is electric power generation through coal based thermal power plants. It also engages in the business of generation of electricity from hydro and renewable energy sources.

On Thursday, 5 March 2020, the Government of India reduced its shareholding in NTPC to 51.02% stake from 54.14% held earlier. As of 31 December 2019, the Government of India held 54.21% in the company.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Fri, April 03 2020. 14:09 IST