NTPC working on 18000 MW more power generation

Public sector power company NTPC is currently working on various new projects which will together add a new capacity of 18,000 Mw electricity, its Chairman said. The new capacities, being built across the country, are at present in different stages of construction. NTPC Chairman R S Sharma said the company is expected to make an investment of Rs 17,700 crore during the current financial year and majority of funding has already been tied up. The government-owned firm may go for private placement of bonds if the need arise during the year, he said. Asked about the quantum of funds the company may raise, he said it was not possible to decide on the quantum now.
NTPC and L&T are company that will play major role in Nuclear energy generation and for long and medium term this stock look fundamentally and technically much stronger.