NTPC rose 0.82% to Rs 154 at 9:35 IST on BSE after the company said that the company's Farakka Super Thermal Power Station in West Bengal had started the movement of imported coal by barges through inland waterway.
The announcement was made during trading hours today, 18 November 2013.
NTPC's Farakka Super Thermal Power Station in West Bengal had started the movement of imported coal by barges through inland waterway.
The first set of 3 barges carrying about 1,500 tonnes each of imported coal has berthed near Farakka station on 13 November 2013. NTPC said it will transport 3 MMTPA of coal through inland waterway to Farakka station for 7 years.
NTPC's net profit declined 20.7% to Rs 2492.90 crore on 0.9% growth in net sales to Rs 16272.27 crore in Q2 September 2013 over Q2 September 2012.
NTPC, India's largest power company, has presence in the entire value chain of power generation business. The Government of India (GoI) holds 75% stake in NTPC (as per the shareholding pattern as on 30 September 2013).
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