NTPC Green Energy shares update on Gujarat Solar PV Project

NTPC Green Energy Ltd announced an update on its wholly-owned subsidiary NTPC Renewable Energy Ltd's Gujarat solar PV project on Thursday.

NTPC Green Energy shares update on Gujarat Solar PV Project
NTPC Green Energy shares update on Gujarat Solar PV Project

NTPC Green Energy Ltd announced an update on its wholly-owned subsidiary NTPC Renewable Energy Ltd's Gujarat solar PV project on Thursday.

According to the exchange filing made, "We wish to inform you that based on certificate dated 18.12.2024 issued by Gujarat Energy Development Agency, second part capacity of 30 MW out of 150 MW Gujarat Solar PV Project, Mesanka, Gujarat of NTPC Renewable Energy Limited (a wholly owned subsidiary of NTPC Green Energy Limited) is declared on Commercial Operation w.e.f. 00:00 Hrs of 11.12.2024," it stated.

Following the announcement, the recently listed stock increased by 1.84 percent, reaching a daily high of Rs 138.05. Approximately 16.39 lakh shares were traded on the Bombay Stock Exchange (BSE), which is lower than the two-week average volume of 27.19 lakh shares.

The turnover for this stock amounted to Rs 21.97 crore, with a market capitalization of Rs 1,14,471.69 crore. There were 2,254,290 buy orders compared to 572,104 sell orders.

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