Why is NTPC among the major gainers in PSUs in recent days?

NTPC has crossed its 52-week price of Rs.132.10 and this was after the announcement that it had won 1.9 GW of solar projects under the CPSU scheme. The stock has gained 16% in last month. It has also gained from robust power generation growth of 17.2% in Q1. NTPC accounts for 23% of India’s power supply and is on target to reach 130 GW capacity by 2032. Half of this capacity will be renewable. These will be under the NTPC REL subsidiary.