{"id":626628,"date":"2024-01-05T11:32:49","date_gmt":"2024-01-05T06:02:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=626628"},"modified":"2024-01-05T11:32:49","modified_gmt":"2024-01-05T06:02:49","slug":"nhpc-shares-soar-12-in-two-sessions-heres-why","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhpc-shares-soar-12-in-two-sessions-heres-why\/","title":{"rendered":"NHPC shares soar 12% in two sessions. Here\u2019s why"},"content":{"rendered":"<p>Shares of NHPC jumped 6% to hit their fresh 52-week high of Rs 75.30 on the NSE on Friday extending the gains in two sessions to over 12%. The stock of this state-run hydropower company has been rallying following a Rs 4,000 crore Memorandum of Understanding (MoU) signed by it with the Gujarat government.<\/p>\n<p>The MoU was signed with Gujarat Power Corporation Limited (GPCL) for a proposed investment of Rs 4,000 crore in the Kuppa Pumped Storage Project (750 MW), Chhota Udaipur, Gujarat with a proposed year for commencement of investment as 2024-25. On Thursday, the company informed exchanges about the development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of NHPC jumped 6% to hit their fresh 52-week high of Rs 75.30 on the NSE on Friday extending the gains in two sessions to over 12%. The stock of this state-run hydropower company has been rallying following a Rs 4,000 crore Memorandum of Understanding (MoU) signed by it with the Gujarat government. The MoU was signed with Gujarat Power Corporation Limited (GPCL) for a proposed investment of Rs 4,000 crore in the Kuppa Pumped Storage Project (750 MW), Chhota Udaipur, Gujarat with a proposed year for commencement of investment as 2024-25. On Thursday, the company informed exchanges about [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-626628","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=626628"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626628\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=626628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=626628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=626628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}