NTPC wins 300 MW order to supply electricity to Bangladesh

Tanay Loya
/ Categories: Trending, Markets

NTPC on Tuesday announced that it has won a tender for supplying 300 megawatts electricity to Bangladesh for 15 years.

The Bangladesh Power Development Board had invited tenders for supply of 500 MW power for short term from June 1, 2018 to December 31, 2019 and for long-term from January 1, 2020 to May 31, 2033.

NTPC Vidyut Vyapar Nigam, a wholly-owned subsidiary of NTPC, emerged as successful bidder for both in short and long term for 300 MW power. The company, however, did not disclose the rate at which power will be supplied.

NTPC is an Indian public sector undertaking engaged in the business of generation of electricity and allied activities. The company is India’s largest power utility with an installed capacity of 51,383 MW and plans to become a 130 GW company by 2032.

On Monday, NTPC closed at Rs. 164.90 per share, up Rs. 1.65 or 1.01 per cent on NSE. The scrip has a 52-week high of Rs. 188 and a 52-week low of Rs. 153.15 per share on NSE.

Previous Article Q3FY18 Results: Gabriel India reports stable performance
Next Article Overnight Digest: Stocks to look out for on February 14
Rate this article:
5.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR