GE Power India Ltd receives order from NTPC GE Power Services Pvt Ltd

GE Power India Limited ('GEPIL') has received a notice of awards from NTPC GE Power Services Private Limited ('NGSL'). The Basic Price of order is approximately INR 348 crores (excluding GST).

The order is for renovation and modernization of Steam Turbines of NTPC, Vindhyachal TPS Unit No. 1 - 3 (3x210 MW) for Heat Rate (Efficiency) improvement & life extension. The Company shall be responsible for all the critical supplies including design & engineering, testing and commissioning of system.

Shares of GE Power India Limited was last trading in BSE at Rs. 472.65 as compared to the previous close of Rs. 486.55. The total number of shares traded during the day was 33847 in over 902 trades.

The stock hit an intraday high of Rs. 485.00 and intraday low of 463.00. The net turnover during the day was Rs. 16055881.00.

Source : Equity Bulls

Keywords

GEPowerIndia INE878A01011 OrderWin NTPCGEPowerServices