NTPC's Lara project lands in trouble
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The mega power project of the National Thermal Power Corporation (NTPC) coming up in Lara of Raigarh district had landed in trouble with people from nine villages resorting to agitation over rehabilitation.
Country's largest power producer, the NTPC is setting up a 5X800 MW Super thermal Power Project at Lara in Raigarh District of Chhattisgarh. The project is based on super critical technology. The coal requirement will be met from Talaipalli Coal Block of Mand Raigarh Coalfields.
The company required 3500 acres of land for the project. The state-owned Chhattisgarh State Industrial Development Corporation (CSIDC) acquired the land and transferred it to the company. The construction work on the project had already started.
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Odisha Chief Minister Naveen Patnaik on Monday alleged that his opponents remember the people of the state only during elections and have no sincerity towards them.
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Union Home Minister Amit Shah cast his vote at a polling booth in Ahmedabad under the Gandhinagar Lok Sabha constituency in Gujarat on Tuesday morning.
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Shares of Shakti Pumps (SPIL) locked in the upper circuit for the fifth straight day, up 5 per cent at Rs 2,585.85 per share on the BSE in Monday's intraday deals. This came after the company reported a robust March quarter (Q4FY24) earnings and strong order book. In comparison, the S&P BSE Midcap and Smallcap index were down by 1 per cent.
The stock of the company is trading at its record high level and has rallied 28 per cent in past one week. Moreover, in the past 33 trading days, the stock has more than doubled or zoomed 104 per cent from Rs 1,121 on March 14, 2024.
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