Government-owned National Thermal Power Corporation Ltd (NTPC) has formed a Joint Venture Company with Bihar State Electricity Board for setting-up of a coal based power project with a capacity of 1980 Mw (3 X 660 Mw), the company informed Bombay Stock Exchange (BSE).
The new company, with operations in Nabinagar (Aurangabad district) of Bihar, will be called "Nabinagar Power Generating Company Pvt Ltd".
At 11 AM, the company’s share price at BSE was trading at Rs 176.20,down 1.12 per cent from the previous close.
