NTPC’s new chairman and managing director Arup Roy Choudhury who has taken over yesterday has revised capacity targets, reports CNBC-TV18.
NTPC ’s new chairman and managing director Arup Roy Choudhury who has taken over yesterday has revised capacity targets, reports CNBC-TV18.
“Target of 11th Plan is now fixed at 13,750 MW from the earlier target of 17,760 MW. NTPC has added 4,790 MW since 2007,” Roy Choudhury elaborated.
NTPC aiming to achieve 75,000 MW by 2017. Under the new leadership, NTPC is planning to add 6,000 MW annually from now on.
The company is also revamping recruitment efforts under which it will recruit 1,000 engineering trainees annually over five years. NTPC will set up new recruitment and training facility, informed Roy Choudhury.
He added, “We will re-charter job design of NTPC board and to review delegation of power in the company.”
NTPC stock price
On August 28, 2015, NTPC closed at Rs 121.60, up Rs 2.45, or 2.06 percent. The 52-week high of the share was Rs 164.70 and the 52-week low was Rs 107.20.
The company's trailing 12-month (TTM) EPS was at Rs 12.40 per share as per the quarter ended June 2015. The stock's price-to-earnings (P/E) ratio was 9.81. The latest book value of the company is Rs 99.03 per share. At current value, the price-to-book value of the company is 1.23.
Set email alert for
ADS BY GOOGLE
video of the day
Domestic stories attractive; prefer KNR over L&T: HDFC Sec