MoneyWorks4Me

NTPC gets nod for two investment proposals

30 Mar 2012 Evaluate

National Thermal Power Corporation (NTPC) has received investment approval for Mouda Super Thermal Power Project (2 X 660 MW) to be implemented in the state of Maharashtra at an appraised current estimated cost not exceeding Rs 7,921.47 crore.

The company has also received investment approval for Solapur Super Thermal Power Project (2 X 660 MW) to be implemented in the state of Maharashtra at an appraised current estimated cost not exceeding Rs 9,395.18 crore. The board at its meeting held on March 19, 2012 has approved for the same.

Besides, NTPC has commissioned Unit-IV of 500 MW of Simhadri Super Thermal Power Project on March 30, 2012. With this, the total capacity of NTPC group has become 37,014 MW.

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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