NTPC Clarifies Nuclear Power Project Plans in Bihar, Confirms Preliminary Exploration
NTPC Limited, the power generation company, issued a clarification regarding media reports about establishing nuclear power units in Bihar. The company addressed speculation surrounding a news article titled 'NTPC exploring 2 nuclear power units of 1,400 MW in Banka district of Bihar.'According to the clarification, NTPC stated that it has not yet commenced any feasibility studies for establishing a Nuclear Power Project in Bihar.
However, NTPC affirmed that in the normal course of its business and long-term planning, the company continuously explores and evaluates multiple options and possible locations as part of its growth and diversification strategy.
The company noted that it is exploring locations, including Bihar, with pre-requisites specifications, for a Nuclear Power Project in various states. NTPC confirmed that these activities remain preliminary and exploratory, and do not constitute a concluded or material event requiring specific disclosure.
NTPC Stock Price Movement
Today, NTPC Limited shares edged higher, settling at ₹410.2 and posting a gain of 2.58% on positive momentum. The stock saw substantial activity with 13.00 million shares traded, bringing it close to its 52-week high of ₹414.4.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.