(Indiainfoline)
NTPC is all set to expand its operation in Pakri Barwadih coal mine in Jharkhand to achieve an annual mining capacity of 18 million tonnes. In 2015, the company had entered into a joint venture of Thriveni Earthmovers and Sainik Mining for the development of the mine. NTPC plays a pivotal role in meeting the power requirements of the country and also, contributes around 24% to the electricity generation.
The stock of NTPC ended down on the bourses and in the last one year, the stock of the company has given a return of 30.2%. ICICI Prudential Mutual Fund, HDFC Mutual Fund and Birla Sun Life Mutual Fund are amongst the various fund houses, which have invested in the stock of the company.
