NTPC Ltd.

NTPC is currently trading at Rs 176.20, up by 1.50 points or 0.86% from its previous closing of Rs 174.70 on the BSE.

The scrip opened at Rs 176.70 and has touched a high and low of Rs 178.70 and Rs 175.70 respectively. So far 48758 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 197.70 on 27-Jan-2011 and a 52 week low of Rs 152.00 on 23-Nov-2011.

Last one week high and low of the scrip stood at Rs 178.70 and Rs 171.50 respectively. The current market cap of the company is Rs 145738.58 crore.

The promoters holding in the company stood at 84.50% while Institutions and Non-Institutions held 11.67% and 3.83% respectively.

State-owned power producer NTPC has received approval from Ministry of Environment and Forests (MoEF) for its 2,400-Mw (3x800 MW), Stage-I Kudgi Super Thermal Power Project being set up in Bijapur district of adjoining Karnataka. Now, the company will soon start work at the plant site.

Kudgi is the first plant to be set up in Karnataka by NTPC and will have a total installed capacity of 4,000 MW over two phases. The first phase envisages the establishment of 2,400 MW of generation capacity at the plant. The power generated from this project would be supplied to Karnataka, Tamil Nadu, Andhra Pradesh and Puducherry.

Earlier, the company’s board cleared the investment proposal of Rs 15,166.19 crore for setting up the project.