NTPC Ltd.

BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
338.75
-4.75 (-1.38%)
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NTPC gains as JV achieves financial closure for Nabinagar Super Thermal Power Project

Date: 11-02-2013

NTPC is currently trading at Rs. 148.30, up by 0.30 points or 0.20% from its previous closing of Rs. 148.00 on the BSE.

The scrip opened at Rs. 148.85 and has touched a high and low of Rs. 149.00 and Rs. 148.20 respectively. So far 30,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 190.30 and a 52 week low of Rs. 138.95.

The current market cap of the company is Rs. 1,22,280.00 crore.

The promoters holding in the company stood at 84.50% while Institutions and Non-Institutions held 11.90% and 3.60% respectively.

NTPC’s joint venture (JV) with BSES, Bihar - Nabinagar Power Generation Company, has achieved financial closure for Nabinagar Super Thermal Power Project consisting of three units of 660 MW each. The project is situated in the Aurangabad district of Bihar.

A loan agreement for Rs 8,775 crore in this regard was signed on February 08, 2013 with Rural Electrification Corporation (REC). The loan would be utilized for financing capital expenditure of Nabinagar Super Thermal Power Project.

NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.