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Power generation stocks edge higher

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Capital Market
Last Updated : Mar 02 2015 | 12:01 AM IST

Shares of nine power generation firms rose 0.76% to 3.21% at 11:17 IST on BSE after Finance Minister Arun Jaitley in Union Budget 2015-16 said that the government aims to complete electrification by 2020 in villages that are still lacking power.

GVK Power & Infrastructure (up 2.84%), NHPC (up 2.12%), Tata Power Company (up 1.72%), Adani Power (up 1.74%), Torrent Power (up 1.34%), Reliance Power (up 1.09%), Reliance Infrastructure (up 3.21%), NTPC (up 0.76%), and JSW Energy (up 0.88%) edged higher.

Meanwhile, the S&P BSE Sensex was up 286.27 points or 0.98% at 29,506.39.

Finance Minister Arun Jaitley in his first full-fledged Union Budget 2015-16 of the NDA government announced today, 28 February 2015 that the government aims to complete electrification by 2020 in villages that are still lacking power.

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First Published: Feb 28 2015 | 11:10 AM IST

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