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NTPC gets investment approval for two projects

05 Apr 2016 Evaluate

NTPC has received its board’s approval for investment in Mandsaur Solar PV Project (5x50 MW) in the state of Madhya Pradesh at an appraised estimated cost of Rs 1,502.77 crore. The company has also received approval to invest in Bhadla Solar PV Project (4x65 MW) in the state of Rajasthan at an appraised estimated cost of Rs 1,601.27 crore.

NTPC is engaged in generating power. Its services include consultancy, power management institute and research and development center. It offers services in engineering, project and construction management, operation and maintenance of power generating plants and consultancy services to power utility sectors.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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