Shares of NTPC surged nearly 2% after the company’s board approved investment plans for major thermal projects totaling approximately ₹80,000 crore. The projects include:
- Nabinagar Super Thermal Power Project, Stage-II (3×800 MW) with an estimated cost of ₹29,947.91 crore.
- Gadarwara Super Thermal Power Project, Stage-II (2×800 MW), estimated at ₹20,445.69 crore.
- Telangana Super Thermal Power Project, Phase-II (3×800 MW), with a projected cost of ₹29,344.85 crore.
These strategic investments mark NTPC’s commitment to strengthening India’s energy infrastructure and supporting sustainable growth in the power sector. As of the latest trading update, NTPC shares were trading at a gain of nearly 2%, reflecting investor optimism toward these initiatives and the company’s long-term growth potential.
As of 9:31 am the shares were trading 1.12% higher at ₹407.60 on NSE.
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