Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
16 February, 2019 22:36 IST
NTPC acquires 720 MW thermal power station in Bihar
Source: IRIS | 17 Dec, 2018, 09.32AM
Comments  |  Post Comment

NTPC has acquired Barauni Thermal Power Station (720 MW) in District Begusarai, Bihar from Bihar State Power Generation Company effective 00:00 hours on December 15, 2018. The 720 MW coal-based power station has 2 units of 110 MW each (under R&M) and 2 units of 250 MW each (Under Construction). The units of the power station will be progressively put under commercial operation. The project has linked Badam Coal Block, which is also part of the transfer scheme.

Transfer of Barauni Thermal Power Station has been completed by NTPC and BSPGCL in accordance with the 'The Bihar Power Generation Undertakings Transfer Scheme 2018' notified by Government of Bihar on June 27, 2018 and amendment dated December 14, 2018.

100% capacity of the project is tied up through Power Purchase Agreement with Bihar Power Discoms.

Shares of the company gained Rs 6.05, or 4.21%, to trade at Rs 149.70. The total volume of shares traded was 102,774 at the BSE (9.21 a.m., Monday).



NTPC Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
Lupin launches Clobazam oral suspension - 15-Feb-2019 16:37
Muthoot Finance to raise upto Rs 7.50 bn through NCDs - 14-Feb-2019 11:01
Zydus gets USFDA nod for Triamterene & Hydrochlorothiazide capsules - 13-Feb-2019 13:10
L&T Construction bags contract for construction of hospitals - 13-Feb-2019 11:56
Strides receives USFDA approval for Triamcinolone Acetonide cream - 13-Feb-2019 11:52
Lupin receives FDA approval for Fluoxetine Tablets - 12-Feb-2019 16:32
Lupin launches Tadalafil Tablets - 12-Feb-2019 16:29
C & C Constructions JV wins order worth Rs 1.24 bn from DFCCIL - 12-Feb-2019 13:44
Tata Motors group global wholesales up 12% in January 2019 - 12-Feb-2019 13:39
Alembic Pharma announces completion of USFDA inspection at Aleor Dermaceuticals - 12-Feb-2019 10:37
L&T Hydrocarbon Engineering bags order from Sonatrach-Algeria - 12-Feb-2019 10:32
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer