NHPC awards EPC contract to Tata Power Solar Systems Ltd for 40 MW solar power project

NHPC Limited has awarded an EPC contract to M/s Tata Power Solar Systems Limited on May 24, 2021 for development of 40 MW Solar Power Project in Ganjam District, Odisha for total amount of Rs. 188.19 crore.

The EPC contract includes the installation of Solar Power Plant on the Government land acquired by NHPC Limited for the said purpose through State Agency IDCO, along with work of associated 220 KV Transmission Line for Connectivity at 220 KV OPTCL Transmission System through Lilo Provision and comprehensive O&M for 10 Years. The power generated from the Project shall be procured by GRIDCO for the entire project life of 25 years. The project has been sanctioned by MNRE under Solar Park Scheme and is scheduled to be commissioned within a period of 12 months.

Shares of NHPC LTD. was last trading in BSE at Rs.25.55 as compared to the previous close of Rs. 25.6. The total number of shares traded during the day was 294237 in over 799 trades.

The stock hit an intraday high of Rs. 25.8 and intraday low of 25.5. The net turnover during the day was Rs. 7555551.

Source : Equity Bulls

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