NTPC Limited saw a rise of over 1%, reaching Rs 448 in the morning of October 1, marking its third consecutive session of gains. This positive momentum follows its subsidiary NTPC Green Energy’s signing of a memorandum of understanding with the Rajasthan government for a massive 25-gigawatt renewable energy project.
Earlier, NTPC Green Energy entered a joint venture agreement with MAHAPREIT for the development of 10 GW renewable energy parks across Maharashtra and other Indian states, further solidifying NTPC’s position in the renewable energy sector.