NTPC commissions 2nd unit of Vindhyachal plant, stock up 2%

State-owned NTPC rose more than 3 percent in initial trade on Monday after the company commissioned 500 MW Unit-II of Vindhyachal Super Thermal Power Station.

"With this the total installed capacity of Vindhyachal Super Thermal Power Station has become 4260 MW and the total installed capacity of NTPC group has become 40674 MW," according to a release sent to exchanges.

The first unit of 500 MW of Vindhyachal Super Thermal Power Station was commissioned on March 01.

Earlier on March 13, the largest power producer also commissioned Unit I of 500 MW of Mauda Super Thermal Power Station, stage-I.

The unit II of 500 MW of Vallur Thermal Power Project of NTPC Tamil Nadu Energy Company, a JV of NTPC and TANGEDCO had been commissioned on February 28, 2013.

Shares went up 2.36 percent to Rs 142.85 amid large volumes on Bombay Stock Exchange at 10:22 hours IST.
 
Trading volumes increased 3.6 times to 36,28,897 equity shares as against five-day average of 10,05,851 shares.