{"id":134873,"date":"2024-10-01T10:52:53","date_gmt":"2024-10-01T05:22:53","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=134873"},"modified":"2024-10-01T11:01:20","modified_gmt":"2024-10-01T05:31:20","slug":"3-power-stocks-jump-after-signing-mou-worth-1-70-lakh-cr-with-govt-of-rajasthan","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/3-power-stocks-jump-after-signing-mou-worth-1-70-lakh-cr-with-govt-of-rajasthan\/","title":{"rendered":"3 Power stocks jump after signing MoU worth \u20b9 1.70 Lakh Cr with Govt of Rajasthan"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2525579797\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>India&#8217;s power generation industry is a dynamic sector, boasting an installed capacity of 442.85 GW as of April 2024. The country is the third-largest electricity producer globally, with a projected 8% increase in electricity consumption for 2024, driven by industrial growth and rising temperatures.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3705751352\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong>Here are the power stocks that signed MoU with Govt of Rajasthan worth over Rs 1.70 lakh crore:-&nbsp;<\/strong><\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/NTPC\/consolidated\">NTPC LTD<\/a><\/strong><\/h2><p>NTPC Limited is primarily involved in the generation and sale of bulk power to State Power Utilities. Its segments include Generation and Others. Its generation segment is engaged in the generation and sale of bulk power to state power utilities.&nbsp;<\/p><p>With a market capitalization of Rs 4.31 lakh crore, the shares were trading at Rs 444.90 per share, increasing around 0.41 percent as compared to the previous closing price of Rs 443.10 apiece.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-812254318\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>According to the exchange filing, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, signed a Memorandum of Understanding (MoU) with Govt of Rajasthan on 30th September 2024 for the development of 25 GW of Renewable Energy Projects in the State of Rajasthan.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also Read: <a href=\"https:\/\/tradebrains.in\/features\/fundamentally-strong-stock-to-buy-now-for-upside-of-30-do-you-own-it\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fundamentally strong stock to buy now for upside of 30%; Do you own it?<\/a><\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/TATAPOWER\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Tata Power Company Ltd<\/a><\/strong><\/h2><p>The Tata Power Company Limited is an India-based integrated power company. The principal business of the Company is the generation, transmission, and distribution of electricity. The Company&#8217;s segments include Generation, Renewables, Transmission and Distribution, and Others.&nbsp;<\/p><p>With a market capitalization of Rs 1.55 lakh crore, the shares were trading at Rs 486.95 per share, increasing around 0.88 percent as compared to the previous closing price of Rs 482.70 apiece.&nbsp;<\/p><p>According to the company filing, Tata Power Company Ltd inks an MoU with the Rajasthan Government for an investment plan of \u20b9 1.2 lakh crores in Power Distribution, Transmission, and Renewables.&nbsp;<\/p><p>Moreover, the MoU aims to support Rajasthan&#8217;s transformation into a power surplus state by providing 24\/7 clean, affordable, and reliable power supply through investments in renewable energy projects and manufacturing, transmission, distribution, nuclear power, rooftop installations, and EV charging.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/NHPC\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">NHPC Ltd<\/a><\/strong><\/h2><p>NHPC Limited is an India-based company that is primarily involved in the generation and sale of bulk power to various power utilities. The Company&#8217;s other business activities include project management\/construction contracts\/consultancy assignment services and trading of power.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-614120826\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>With a market capitalization of Rs 95,608.64 crore, the shares were trading at Rs 94.91 per share, increasing around 0.26 percent as compared to the previous closing price of Rs 94.93 apiece.&nbsp;<\/p><p>According to the company filing, NHPC Limited has signed a MoU with Govt. of Rajasthan on 30.09.2024 for \u201cDevelopment of Pumped Storage Projects, Renewable Energy (Solar\/ Floating Solar\/ Wind) Projects and Battery Energy Storage System in the State of Rajasthan, with proposed estimated investment of Rs.50,000 Crores&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also Read: <a href=\"https:\/\/tradebrains.in\/features\/market-leader-stock-holding-70-market-share-in-indias-shrink-film-market\/\" target=\"_blank\" rel=\"noreferrer noopener\">Smallcap stock that holds 70% market share in India\u2019s shrink film market<\/a><\/strong><\/p><\/blockquote><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-3296373253\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>India&#8217;s power generation industry is a dynamic sector, boasting an installed capacity of 442.85 GW as of April 2024. The country is the third-largest electricity producer globally, with a projected 8% increase in electricity consumption for 2024, driven by industrial growth and rising temperatures.&nbsp; Here are the power stocks that signed MoU with Govt of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":129659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[6869,6870,7504,283,7524,948,936,2597,20456,14988,15091],"class_list":["post-134873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-nhpc","tag-nhpc-latest-news","tag-nhpc-ltd-latest-news","tag-ntpc-and-ongc-recruitment","tag-ntpc-latest-news","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch","tag-tata-power-company","tag-tata-power-company-latest-news","tag-tata-power-company-limited-share-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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