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NTPC gains on commencement of 500MW thermal power project

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SI Reporter Mumbai

National Thermal Power Corporation (NTPC) is trading higher by more than 2% at Rs 168 after commencement of 500MW thermal power project.

“The Unit 3 of 500 MW of Simhadri super thermal power project is declared on commercial operation w.e.f. 00:00 hours of September 16, 2011," the state-owned power company said in a filing to the stock exchanges.

"With this the commercial capacity of Simhadri is 1500 MW and that of NTPC is 30330 MW," it added.

A combined 760,468 shares have changed hands on the counter till 1014 hours on the NSE and the BSE.

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First Published: Sep 16 2011 | 11:00 AM IST

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