NTPC surges on winning 100 MW solar capacities in SECI’s 250 MW tender for Dondaicha Solar Park

NTPC is currently trading at Rs. 125.40, up by 1.55 points or 1.25% from its previous closing of Rs. 123.85 on the BSE.

The scrip opened at Rs. 123.95 and has touched a high and low of Rs. 125.75 and Rs. 123.95 respectively. So far 26224 shares were traded on the counter. The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 146.19 on 14-Sep-2018 and a 52 week low of Rs. 106.71 on 13-Feb-2019.

Last one week high and low of the scrip stood at Rs. 128.70 and Rs. 122.50 respectively. The current market cap of the company is Rs. 123484.07 crore. The promoters holding in the company stood at 56.09%, while Institutions and Non-Institutions held 40.53% and 3.38% respectively.

NTPC has participated in the 250 MW tender floated by Solar Energy Corporation of India (SECI) for Dondaicha Solar Park, District Dhule, Maharashtra. In the Reverse Auction held on May 14, 2019, NTPC has won 100 MW of solar capacities at a levelised tariff of Rs 2.91/unit, applicable for 25 years. This solar project shall be set up by NTPC under EPC mode and shall add to the installed capacity of NTPC.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

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