Shares of NTPC settled 0.67 per cent higher at Rs 120.70 apiece on the NSE.Share price of NTPC Limited got around one per cent on Wednesday, July 14, a day after its subsidiary got approval from the Ministry of New and Renewable resource to construct the country's largest solar park at Rann of Katch in Gujarat.
On Wednesday, NTPC opened on the NSE at Rs 119.95, inching to an intra day high of Rs 120.95 and an intra day low of Rs 119.80, throughout the trading session.
NTPC Renewable Resource - a subsidiary of the state-run agency is set to establish a 4,750 MW renewable resource park at Rann of Kutch in Khavada, Gujarat.The country's biggest energy integrated company also plans to produce green hydrogen on a business scale at the solar park center in Gujarat.
It will be the nation's largest solar park, according to a declaration launched by the renewable resource ministry.The biggest power producer of the nation has actually aimed to produce 60 GW renewable energy capability by 2032, as part of its green energy portfolio augmentation.
(Also Read: NTPC To Develop Nation's Largest Solar Park Of 4,750 MW At Rann Of Katch )Currently, the government-owned energy major has actually an installed capacity of 66 GW throughout 70 power tasks with an extra 18 GW under construction.On the BSE, NTPC opened at Rs 120.20, seeing an intra day high of Rs 120.95 and an intra day low of Rs 119.85, in the trading session.
It settled 0.75 per cent greater at Rs 120.70 apiece on the BSE.Shares of NTPC settled 0.67 per cent greater at Rs 120.70 apiece on the NSE.