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Nava Bharat Ventures on Monday informed the exchanges that the company and its subsidiary (Nava Bharat Energy (India) Ltd) signed contracts with Tata Power Trading for power supply of 25 MW and 100 MW, respectively, to Telangana State Grid. The contracts are at a net price of ₹5.75 a unit, it said. Shares of Nava Bharat Ventures closed at ₹120.05, down 4.03 per cent, on the NSE.
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