Economy

NTPC records 15% growth between April-September

Public sector behemoth NTPC registered a 15.1 per cent growth in power generation at 203.5 billion units (BU) during the April-September period this year. The high generation growth indicates improved performance and an increase in demand for power in the current year, an official statement said.

This will be a relief to policymakers in the country especially as uncertainty over energy supplies has risen globally.

NTPC Rihand (3000 MW) in Uttar Pradesh was the top performing thermal power plant with 90.22 per cent Plant Load Factor (PLF) between April and September. Overall Plant Load Factor of NTPC coal stations was 76.3 per cent during the same period.

The total installed capacity of NTPC is 70234 MW. The state run power giant is expanding its footprint in new business areas like green hydrogen, waste-to-energy and e-mobility. India’s largest power producer has also set an aim of 10 per cent reduction in net energy intensity by 2032.

Incidentally, NTPC is the first energy company to declare its energy compact goals as part of the UN High-level Dialogue on Energy (HLDE).

Besides power generation, NTPC has also diversified into producing energy through cleaner and greener sources such as hydro, wind and solar and also Green Hydrogen solutions. The power major has forayed into a variety of business areas including fuel cells, e-mobility and Waste-to-Energy.

Also read: India managed to buy cheap energy, curb inflation due to timely measures–Hardeep Puri

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