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NTPC strengthens on inking MoU for increasing solar power generation

14 May 2018 Evaluate

National Thermal Power Corporation (NTPC) is currently trading at Rs. 170.40, up by 2.85 points or 1.70% from its previous closing of Rs. 167.55 on the BSE.

The scrip opened at Rs. 167.40 and has touched a high and low of Rs. 171.20 and Rs. 166.15 respectively. So far 1,32,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 187.95 on 27-Oct-2017 and a 52 week low of Rs. 153.30 on 29-May-2017.

Last one week high and low of the scrip stood at Rs. 172.20 and Rs. 166.15 respectively. The current market cap of the company is Rs. 1,40,502.00 crore.

The promoters holding in the company stood at 62.27%, while Institutions and Non-Institutions held 34.35% and 3.37% respectively.

National Thermal Power Corporation and the Kerala State Electricity Board (KSEB) have signed a memorandum of understanding (MoU) for increasing solar power generation in the state. The MoU also includes an agreement to set up a 15 MW solar power unit at the NTPC complex in Kayamkulam.

Besides this, the possibility of setting up solar plants at reservoirs, open space and top of buildings also would be explored.  The power generated would be given to KSEB at a rate fixed by the State Electricity Regulatory Commission. The state is expected to make good strides in solar power generation with the MoU becoming operational.

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.


NTPC Share Price

393.65 2.85 (0.73%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 393.65
Tata Power 427.45
Adani Power 198.40
Power Grid Corp 318.05
Torrent Power 1565.30
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