Tata Power consortium bags hydroelectric project; stocks up

A consortium comprising Tata Power and SN Power Norway has bagged the 'Dugar Hydro Electric Project' in Chenab Valley in Himachal Pradesh.

MUMBAI: A consortium comprising Tata Power and SN Power Norway has bagged the 'Dugar Hydro Electric Project' in Chenab Valley in Himachal Pradesh. The capacity for Dugar Hydro Electric Project is estimated to be approximately 236 MW.

The Dugar Hydro Electric Project will be developed through a special purpose vehicle being formed and owned by the consortium.

The stock was at Rs 1323.50, up 0.76 per cent on the BSE. It touched a high of Rs 1337 and low of Rs 1310.30 in trade so far.
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