NHPC Ltd.

BSE: 533098 | NSE: NHPC
Mid Cap | Power Generation/Distribution
84.37
2.97 (3.65%)
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NHPC shines on inking implementation agreements with Government of Uttarkhand

Date: 29-01-2013

NHPC  is currently trading at Rs. 26.75, up by 0.25 points or 0.94% from its previous closing of Rs. 26.50 on the BSE.

The scrip opened at Rs. 26.45 and has touched a high and low of Rs. 26.85 and Rs. 26.30 respectively. So far 4,97,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 26.85 and a 52 week low of Rs. 14.65.

The current market cap of the company is Rs. 32,904.00 crore.

The promoters holding in the company stood at 86.36% while Institutions and Non-Institutions held 4.64% and 9.00% respectively.

State owned power producer, NHPC has inked implementation agreements with Government of Uttarkhand for 210 MW Dhauliganga Intermediate and 120 MW Goriganga-IIIA Hydroelectric Projects located in Sharda valley in Uttrakhand State. Both the parties have signed agreements on January 23, 2013.

The projects are to be done on BOOT basis by NHPC with an agreement period of 45 years. NHPC has started pending investigations to finalize DPR for processing necessary approvals.

Besides, NHPC’s Unit - 1 (i.e. 2nd Unit) of Teesta Low Dam Project, Stage - III has been synchronized with grid on January 28, 2013. Recently, the company’s Unit - 2 of Teesta Low Dam Project, Stage - III had been synchronized with grid on January 16, 2013.

NHPC is engaged in the planning, development and implementation of an integrated and efficient network of hydroelectric projects in India. It executes all aspects of the development of hydroelectric projects, from concept to commissioning.