NLC India operations commence for 63MW solar capacity under TANGEDCO

NLC India is a power generation company which operates thermal, wind and solar plants.

Jul 10, 2019 04:07 IST India Infoline News Service

Shares of NLC India fell 2% in the morning trade after the company received from TANGEDCO on July 10, 63MW capacity out of the 100 MW Solar PV power plant at Therkkupatti and Subbiahpuram Village, Manur Taluk, Tirunelveli District, Tamil Nadu.

Out of 709 MW, solar power projects awarded by TANGEDCO have been successfully commissioned and that the commercial operation has been declared with effect from July 7, 2019, the company added.

NLC India Ltd is currently trading at Rs65.30, down by Rs1.1 or 1.66% from its previous closing of Rs66.40 on the BSE. The scrip opened at Rs66.90 and has touched a high and low of Rs66.90 and Rs64.70 respectively.

The BSE group 'A' stock of face value Rs10 has touched a 52-week high of Rs85.50 on 17-Oct-2018 and a 52-week low of Rs60.70 on 28-Feb-2019. Last one week high and low of the scrip stood at Rs66.80 and Rs61.50 respectively.

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