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GE Power zooms on receiving ‘Notice of Award’ to supply DeNOx system to NTPC

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

04 Nov 2020 Evaluate

GE Power India is currently trading at Rs. 192.25, up by 5.60 points or 3.00% from its previous closing of Rs. 186.65 on the BSE.

The scrip opened at Rs. 187.00 and has touched a high and low of Rs. 195.95 and Rs. 177.35 respectively. So far 314676 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 820.90 on 10-Feb-2020 and a 52 week low of Rs. 177.35 on 04-Nov-2020.

Last one week high and low of the scrip stood at Rs. 268.95 and Rs. 177.35 respectively. The current market cap of the company is Rs. 1285.39 crore.

The promoters holding in the company stood at 68.58%, while Institutions and Non-Institutions held 20.41% and 11.02% respectively.

GE Power India (GEPIL) has received a ‘Notice of Award’ to supply a DeNOx system to NTPC for their Barauni Thermal Power Plant (2X250 MW) in Bihar. This project has an order value of Rs 12.78 crore ($1.7 M). The company will set up the combustion modification technology for all the steam generators in Barauni stage-II, Unit 8 and 9 to meet the NOx emission limit of 450 mg/NM3 to comply with the Indian environmental requirements.

Supporting the ‘AatmaNirbhar Bharat’ initiative of Government of India, all the major components for the project will be manufactured in India. GE’s Durgapur facility in West Bengal will supply the pressure parts and other components will also be procured locally from various sub vendors.

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 zooms on receiving ‘Notice of Award’ to supply DeNOx system to NTPC

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