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

IN Bureau

Recent Posts

MEA condemns Canada’s “baseless references” against Home Minister Amit Shah

The Ministry of External Affairs (MEA) on Saturday strongly protested against recent allegations made by…

7 hours ago

“Verification patrolling has commenced… in Demchok and Depsang”: MEA on disengagement between India and China

The Ministry of External Affairs on Saturday said that verification patrolling has commenced in Demchok…

8 hours ago

“Sanctioned companies not in violation of Indian law,” says MEA after US sanctions 19 Indian companies

The Ministry of External Affairs on Saturday reacted to the recent U.S. sanctions imposed on…

8 hours ago

Two terrorists killed in encounter with security forces in J-K’s Anantnag

Two terrorists were killed by security forces during an encounter in Jammu and Kashmir's Anantnag…

11 hours ago

“Not an issue of security lapses, security forces giving befitting reply”: Rajnath Singh on J-K terror attacks

Terming the recent terror attacks in Jammu and Kashmir as "unfortunate", Union Defence Minister Rajnath…

12 hours ago

Nasirabad: BYC holds demonstrations against enforced disappearances by Pakistan’s forces

The Baloch Yakjehti Committee (BYC) held demonstrations against the ongoing enforced disappearances by the Pakistan…

15 hours ago