NHPC awards EPC contracts

NHPC Limited has awarded EPC Contracts for development of Grid connected Solar PV Project (1000 MW Capacity) and transmission line for Power Evacuation to ISTS Sub-Station alongwith Comprehensive O&M for 5 Years under Tranche-Ill of CPSU Scheme Phase-11. Letters of Award have been issued to the below mentioned agencies with cumulative contract price of Rs.6604.42 Crore and completion period of 18 months:

(i) M/s Adani Infra (India) Limited for 600 MW Capacity with total Contract Price of Rs.4295.64 Crore in the State of Gujarat.

(ii) M/s Tata Power Solar Systems Limited for 300 MW Capacity with total Contract Price of Rs. 1731.57 Crore in the State of Rajasthan.

(iii) M/s SSEL-ASR JV for 100 MW Capacity with total Contract Price of Rs.577.21 Crore in the State of Andhra Pradesh.

Shares of NHPC Limited was last trading in BSE at Rs. 31.20 as compared to the previous close of Rs. 31.30. The total number of shares traded during the day was 920931 in over 3136 trades.

The stock hit an intraday high of Rs. 32.45 and intraday low of 30.80. The net turnover during the day was Rs. 29350666.00.

Source : Equity Bulls

Keywords

NHPCLimited INE848E01016 EPCContracts GridConnected SolarPVProject