Alstom Bharat Forge Power Pvt Ltd (ABFPPL), the joint venture company between GE and Bharat Forge Ltd., signed a contract worth $219 million (Rs 1,495 crore) approximately with NTPC Ltd, the company said in a release.
ABFPPL will supply two units of 800MW ultra-supercritical steam turbine generator islands, on EPC basis, for the Telangana Super Thermal Power Project Phase-I, the release added.
The stock opened at Rs 759 and touched a high of Rs 773. At 10:50am, over 500,000 shares were traded on both the stock exchanges.