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OHPC awards 600 MW project to MEIL

after close1 source ↓written by the desknot a recommendation

Upper Indravati Pumped
₹3,160 cr
facility in Kalahandi
600 MW
for commissioning
2030

The Odisha Hydro Power Corporation (OHPC) has awarded a letter of intent to Megha Engineering & Infrastructures Ltd (MEIL) for the ₹3,160 cr Upper Indravati Pumped Storage Project. This 600 MW facility in Kalahandi is set for commissioning by 2030, utilizing reversible turbine technology to optimize energy storage and generation during peak demand periods.

This project is significant for enhancing energy infrastructure in Odisha and may positively impact the local power sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 27 Jul 2026, 16:06 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

MEIL closed −1.8% on the day of the news, from ₹300.95 to ₹295.45; Nifty 0.0% over the same session.

Bulletin at 16:06 IST on 27 Jul 2026. Every change is measured from ₹300.95, the last close before it, on 27 Jul. Nifty 50 is measured over the same sessions.

  • MEIL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
MEIL closes around the bulletin against the close before the news, with Nifty 50 rebased to it254.00300.95347.90axis spans 37%before the news · 27 Jul300.95Nifty 50MEILbulletinD0+1+3+527 Jul4 Aug11 AugReference close ₹300.95. 12 sessions from 27 Jul to 11 Aug; the price axis spans 37 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before27 Jul₹300.95basebase
On the day28 Jul₹295.45▼ −1.8%0.0%−1.8 pp difference
+1 session29 Jul₹295.10▼ −1.9%▲ +1.1%−3.0 pp difference
+3 sessions31 Jul₹284.05▼ −5.6%▲ +1.6%−7.2 pp difference
+5 sessions4 Aug₹286.55▼ −4.8%▲ +2.6%−7.4 pp difference
Gap at the open, % · ₹
▼ −0.3%−0.96 on 28 Jul
Day's range, % · ₹
4.0%≈ 12 high to low
Volume on the day
—the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · MEIL on the desk →

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