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NTPC gets investment approval for Singrauli Super Thermal Power Project Stage-III

04 Mar 2024 Evaluate

NTPC has received an investment approval for Singrauli Super Thermal Power Project, Stage-III (2x800 MW) at an appraised current estimated cost of Rs 17,195.31 crore. The Board of Directors of the Company, in its meeting held on March 3, 2024, has accorded approval for the same. 

Earlier, the company’s wholly owned subsidiary -- NTPC Green Energy (NGEL) had signed a Joint Venture agreement with Maharashtra State Power Generation Company (MAHAGENCO), for development of Renewable Energy Parks in the state of Maharashtra.

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.


Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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