NTPC declares commercial operation of Mandsaur solar PV project

India Infoline News Service | Mumbai | September 03, 2017 08:15 IST

State owned thermal power giant, NTPC informed about the successful commissioning of 250 MW capacity (5x50 MW), Mandsaur Solar PV project at Mandsaur, MP.

State owned thermal power giant, NTPC informed about the successful commissioning of 250 MW capacity (5x50 MW), Mandsaur Solar PV project at Mandsaur, MP.
 
With this, the commissioned capacity of NTPC and NTPC group has become 44460 MW and 51676 MW respectively. The commercial capacity of NTPC and MTPC group has become 41572 MW and 48538 MW respectively.
 
The NTPC OFS has recently received bids for 54.8 crore shares, against 82.4 crore shares on offer including the green shoe option. Government’s shareholding in NTPC is expected to have come down to 63.1% from 69.74% post the OFS.  
 
LIC has increased its stake from 11.15% to 14.24%, a day after the government raised about Rs 9,100 crore by selling 7% stake via an offer-for-sales (OFS).
 
Meanwhile, the stock ended lower by 0.33% at Rs 168 per share on BSE.
 
NTPC is engaged in the generation and sale of electricity. The principal business activity of the company is the electric power generation by coal-based thermal power plant. The company has an installed capacity of 47,178 megawatts (MW), including joint ventures (JVs) with over 18 coal-based, seven gas-based stations and one hydro -based station.  
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