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Tata Power gains momentum on successfully registering 50.4 MW wind project under CDM

19 Feb 2013 Evaluate

Tata Power Company is currently trading at Rs 96.50, up by 0.25 points or 0.26% from its previous closing of Rs 96.25 on the BSE.

The scrip opened at Rs 96.45 and has touched a high and low of Rs 96.75 and Rs 95.55 respectively. So far 28437 shares were traded on the counter.

The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 121.50 on 21-Feb-2012 and a 52 week low of Rs 83.00 on 10-Apr-2012.

Last one week high and low of the scrip stood at Rs 97.50 and Rs 92.90 respectively. The current market cap of the company is Rs 22840.82 crore.

The promoters holding in the company stood at 31.75% while Institutions and Non-Institutions held 48.92% and 16.10% respectively.

Tata Power, one of India's largest private sector integrated power companies, has successfully registered its 50.4 MW wind project at Samana, Gujarat, under the Clean Development Mechanism (CDM) of United Nations Framework Convention on Climate Change (UNFCCC), making it the company's third project to be part of this framework.

The project, which is expected to generate about 76,000 CERs (certified emission reduction) per annum, would help in reducing an annual average of 96,821 tonnes of carbon dioxide equivalent by producing 104,970 MWh per year (average) equivalent amount of clean energy.

Samana wind plant is company’s third CDM registered project, with another 50.4 MW wind project at Khandke, Maharashtra & 25 MW solar project at Mithapur, Gujarat registered in June 2010 and January 2013 respectively.

Tata Power Share Price

427.45 0.00 (0.00%)
17-Apr-2026 16:59 View Price Chart
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