NTPC shares gain 3% as NTPC Green Energy IPO opens for subscription
Ahead of opening of the IPO, NTPC Green Energy raised ₹3,960 crore from anchor investors at ₹108 apiece.
Ahead of opening of the IPO, NTPC Green Energy raised ₹3,960 crore from anchor investors at ₹108 apiece.
Samir Mehta, Chairman, Torrent Group says both pharma and power businesses have big growth potential.
About 1,04,400 ckm of transmission lines and 3,27,889 MVA of transformation capacity in sub-stations were planned to be added during 2017-22.
A project valued between ₹10,000 crore and ₹15,000 crore is classified as a 'mega' project by L&T.
The IPO, a combination of fresh equities worth ₹1,291.40 crore and OFS of ₹1,539 crore, will open for subscription on August 27.
While the strong growth in India's renewable energy capacity is likely to continue, coal will remain an important source of electricity generation in the next 8-10 years, says Moody's.
Post Q4, JM Financial has maintained a ‘Buy’ call on Tata Power shares with an upgraded target price of ₹490 per share from ₹440 earlier.
The Tata Group company reported profit growth for the 18th consecutive quarter to ₹1,046 crore for Q4 FY24, up 11% YoY.
The board of NHPC will meet on March 27 to consider the proposal for raising of debt during financial years 2023-24 and 2024-25.
PM Modi laid the foundation of Singrauli Super Thermal Power Project which is being developed in Sonebhadra, Uttar Pradesh with a total investment of ₹17,000 crore.