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NTPC inches up on planning to start biomass co-firing at its thermal power stations

22 Oct 2018 Evaluate

NTPC is currently trading at Rs. 162.65, up by 0.80 points or 0.49% from its previous closing of Rs. 161.85 on the BSE.

The scrip opened at Rs. 163.40 and has touched a high and low of Rs. 163.95 and Rs. 162.20 respectively. So far 1102 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. 149.45 on 28-Jun-2018.

Last one week high and low of the scrip stood at Rs. 165.60 and Rs. 160.20 respectively. The current market cap of the company is Rs. 133452.84 crore.

The promoters holding in the company stood at 61.77%, while Institutions and Non-Institutions held 35.14% and 3.09% respectively.

NTPC is planning to start biomass co-firing across all its coal-based thermal power stations in a view to reduce greenhouse gas emissions and cut pollution. Co-firing is the use of two different types of fuel for generation of electricity. The intension is to reduce air pollution caused due to burning of surplus agricultural residue in fields by creating an alternate market for its large-scale utilization in power plants as well as to reduce carbon emission from coal-fired power plants.

The company is aiming to burn biomass like scrap lumber, forest debris, crop residues, manure and some types of waste residues along with coal to generate electricity. The company will soon start procurement of biomass pellets and torrefied biomass pellets and briquettes for co-firing across all its coal fired power plants and will soon float a tender.

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

394.70 1.05 (0.27%)
20-Apr-2026 09:23 View Price Chart
Peers
Company Name CMP
NTPC 394.70
Tata Power 432.10
Adani Power 203.65
Power Grid Corp 318.55
Torrent Power 1596.00
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