NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.
NTPC and AP Genco are set to enter into memorandum of understanding (MoU) for development of a 1000 mw solar power park in Andhra Pradesh. Apart from the initiative to rope in NTPC for the mega project, AP Genco has called for bidding process of development of 500 mw of solar power.
The State Government of Andhra Pradesh is seeking to expedite the construction of 800 mw of additional capacity in Krishnapatnam, 800 mw in Vijayawada Thermal Power Station and has plans to develop a 960 mw hydel power house at the Polavaram multi-purpose project.
The promoters holding in the company stood at 74.96% while Institutions and Non-Institutions held 22.27% and 2.77% respectively.
The BSE group'A' stock of face value Rs 10 has touched a 52 week high of Rs 168.80 on 08-Jun-2014 and a 52 week low of Rs 110.90 on 04-Mar-2014.
NTPC is currently trading at Rs 143.40, up by 1.05 points from its previous closing of Rs 142.35 on the BSE.
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