The company has said that it is monitoring the situation continuously along with the district administration and police.
Following the development, the stock fell 3.66 per cent to hit a low of Rs 96 on BSE. The stock recovered later and was trading 0.9 per cent lower at Rs 98.75 by 10.10 am.
A part of the under-construction Tapovan Vishnugad hydro power project (520 MW) has faced damages while another privately-owned Rishi Ganga hydro project (130 MW) was completely devastated.
“An avalanche near Tapovan in Uttarakhand has damaged a part of our under-construction hydropower project in the region. While rescue operation is on, situation is being monitored continuously with the help of district administration and police,” NTPC said in a tweet.
Uttarakhand Chief Minister Trivendra Singh Rawat said that 125 people are missing following the massive flood, PTI reported.
The incident occurred after the water level in Dhauliganga river, suddenly surged on Sunday morning following an avalanche near the Rishi Ganga power project. The 85 km river meets the Alaknanda river at Vishnuprayag at the base of Joshimath mountain in Uttarakhand.
