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NHPC’s buyback offer to open on January 1

21 Dec 2018 Evaluate

NHPC is all set to buy back 214.2 million equity shares at Rs 28 per share, aggregating to Rs 600 crore. The buyback will be opening on January 1, 2019. The share repurchase programme will close on January 14, 2019.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.

Peers
Company Name CMP
NTPC 310.70
Tata Power 335.40
Adani Power 187.85
Power Grid Corpn. 247.20
Adani Energy Solut. 1251.30
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