NTPC Renewable Energy Ltd to develop Solar Power Project on Defence Land at Sitapur, Uttar Pradesh

NTPC Renewable Energy Limited (NTPC REL), a wholly owned subsidiary of NTPC Green Energy Limited, shall be developing a 250 MW Solar Power Project integrated with Battery Energy Storage System (BESS) on vacant defence land at Sitapur, Uttar Pradesh.

The project has been approved by Hon'ble Raksha Mantri Shri Rajnath Singh and is the first of its kind large-scale solar power project with BESS to strengthen energy security of defence establishments.

The power generated from the project shall be utilised by various defence establishments across Uttar Pradesh.

Shares of NTPC Green Energy Limited was last trading in BSE at Rs. 97.10 as compared to the previous close of Rs. 98.25. The total number of shares traded during the day was 173124 in over 1706 trades.

The stock hit an intraday high of Rs. 98.60 and intraday low of 96.80. The net turnover during the day was Rs. 16873890.00.

Source : Equity Bulls

Keywords

INE0ONG01011 NTPCGreenEnergy PowerGeneration NTPCRenewableEnergy BESSProejct