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NTPC informs about company updates

17 Dec 2016 Evaluate

NTPC has informed about signing of an Memorandum of Understanding on December 16, 2016 between NTPC and National Aluminium Company (NALCO) to set up the proposed joint venture Company between NTPC and NALCO to supply about 2400 MW power from proposed coal based power project at Dhenkanal, Odisha for meeting captive power requirement of NALCO for proposed greenfield Aluminium Smelter Plant at Kamakhya Nagar, Dhenkanal and expansion at Angul in Odisha.

The above information is a part of company’s filings submitted to BSE.

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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