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GE Power India rises on bagging four orders from NTPC worth Rs 1783 crore

GE Power India Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532309 | NSE: GVPIL

31 Oct 2018 Evaluate

GE Power India is currently trading at Rs. 817.55, up by 8.50 points or 1.05% from its previous closing of Rs. 809.05 on the BSE.

The scrip opened at Rs. 809.85 and has touched a high and low of Rs. 831.00 and Rs. 792.25 respectively. So far 1487 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1048.00 on 22-Jan-2018 and a 52 week low of Rs. 639.00 on 28-Nov-2017.

Last one week high and low of the scrip stood at Rs. 831.00 and Rs. 785.40 respectively. The current market cap of the company is Rs. 5377.53 crore.

The promoters holding in the company stood at 68.58%, while Institutions and Non-Institutions held 17.92% and 13.34% respectively.

GE Power India has received four orders from NTPC to supply and install Wet FGD systems for a combined value of Rs 1783 crore. The four power plant projects are for Solapur Super Thermal Power Project - 2x660 MW, Tanda Super Thermal Power Project Stage II - 2x660 MW, Feroze Gandhi Unchahar Thermal Power Project -1x500 MW and Meja Thermal Power Project - 2x660 MW, by Meja Urja Nigam (a JV of NTPC & UPRVUNL).

These new awards build on the company’s expertise in Wet FGD systems with the recent completion of facilities and performance guarantee tests for Wet FGD at NTPC's Vindhyachal Stage VI Unit 13 - 1 x 500 MW thermal power plant and awarded contract for Wet FGD for NTPC's 2x800 MW Telangana thermal power project earlier this year. These six Wet FGDs together will treat more than 42 million cubic meters per hour of flue gas and will remove more than 540,000 tons of 502 each year which will be converted into gypsum by-product for use in the construction industry.

GE Power India is engaged in the engineering, procurement, manufacturing, construction and servicing of power plants and power equipment.

GE Power India Share Price

498.40 -7.25 (-1.43%)

17-Apr-2026 16:59 View Price Chart

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GE Power India rises on bagging four orders from NTPC worth Rs 1783 crore

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