NTPC to invest in Dulanga Coal Mining project
Shital Jibhe / 12 Jan 2017
NTPC, India’s largest energy conglomerate, still soars high as it has got a nod to invest in Dulanga coal mine project. The decision came after the board of directors accorded an investment approval of Rs. 1,053.41 crore worth project.
NTPC, India’s largest energy conglomerate, still soars high as it has got a nod to invest in Dulanga coal mine project. The decision came after the board of directors accorded an investment approval of Rs. 1,053.41 crore worth project. The company Dulanga Coal Mining has a rated production capacity of seven MTPA at the moment.
The stock of NTPC will be in focus on Jan 12. The stock of the company in the last one year has given a return of 16.17 per cent. Currently, the stock is trading with the P/E of 13.45. In the last one year, the stock has outperformed on the BSE Sensex and Power Index.
In the last three years, the stock has given a return of 7.76 per cent on an annual basis.
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