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NTPC commissions 660MW Sipat Super Thermal Power Plant
NTPC commissioned the 660MW Unit 1 of Sipat Super Thermal Power Project on June 28,
2011. This is the first supercritical 660MW unit of NTPC. With this, the total capacity of
NTPC Group stands at 34,854MW and the total installed capacity of Sipat Super Thermal
Power Project stands at 1,660MW. The company plans to add 4,320MW in FY2012. At the
CMP of `183, the stock is trading at 2x FY2012E and 1.8x FY2013E P/BV. We recommend
Accumulate on the stock with a target price of `202.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
NTPC commissions 660MW Sipat Super Thermal Power Plant
NTPC commissioned the 660MW Unit 1 of Sipat Super Thermal Power Project on June 28,
2011. This is the first supercritical 660MW unit of NTPC. With this, the total capacity of
NTPC Group stands at 34,854MW and the total installed capacity of Sipat Super Thermal
Power Project stands at 1,660MW. The company plans to add 4,320MW in FY2012. At the
CMP of `183, the stock is trading at 2x FY2012E and 1.8x FY2013E P/BV. We recommend
Accumulate on the stock with a target price of `202.
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