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NTPC wins bid for Avantha Group's power plant in Madhya Pradesh: Report

07 Jan 2020 Evaluate

NTPC has reportedly won the bid for Avantha Group's power plant in Madhya Pradesh, with a Rs 1,900 crore offer. The company’s bid was about two and-a-half times more than Adani Power’s offer of Rs 750 crore. This is the first time NTPC has bid for a stressed project.

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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