Bengaluru, June 30 -- The shares of a power generation company, engaged in lignite-based and renewable energy projects, were in focus after it received a Letter of Award from NTPC Limited for setting up a 450 MW ISTS-connected wind-solar hybrid power project.

With a market capitalization of Rs 32,004 Crores, the share price of NLC India was trading over 2% up to hit an intraday high of Rs 234.10 per share from its previous closing price of Rs 228.50 per share.

NLC India Limited, in a stock exchange filing, announced that it has received a Letter of Award (LoA) from NTPC Limited for setting up a 450 MW Inter-State Transmission System (ISTS) connected wind-solar hybrid power project. The project will be developed across two locations: 300...