Shares of hydropower producer NHPC Ltd have surged 161% from their 52-week low in nearly a year. The multibagger stock, which fell to a 52-week low of Rs 37.80 on February 27, 2023, rose to a high of Rs 98.90 in the current session. In comparison, the BSE power index gained 95% during the period. NHPC shares are on a bull run in the short term too climbing 82% in the last three months.
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Government Clears Eight Hydropower Projects On Indus River In Ladakh Government Clears Eight Hydropower Projects On Indus River In Ladakh At present, there are several small projects, with a collective capacity of 113 MW on Indus in Ladakh, and the new projects will have much more capacity than those constructed so far, a senior official added.
New projects have been cleared by the Central Water Commission and Indus Commissioner (Representational)
New Delhi:
The government has cleared eight hydropower projects of 144 MW on the Indus river and its tributaries in Ladakh, the highest so far, sources in the Jal Shakti Ministry said on Thursday.