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

India spent $14 tn on investments since Independence, more than half of it spent in last 10 yrs: Report

India's economic growth story has witnessed a remarkable surge in investment spending, with over half…

34 minutes ago

India should be branded as a ‘Responsible Capitalist’ nation: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has called for branding India as a "Responsible Capitalist" nation, emphasizing…

1 hour ago

Taiwan reports hike in Chinese military activity

Taiwan's Ministry of National Defence (MND) reported Chinese military activity on Saturday and detected 25…

2 hours ago

VINBAX 2024: Vietnam-India bilateral army exercise concludes at Kaushalya Dam

The fifth edition of the historic Indo-Vietnam Joint Field Training Exercise, VINBAX-2024, successfully concluded its…

18 hours ago

India-Russia strengthen defence ties at 22nd Working Group meeting on military technical cooperation

The 22nd meeting of the India-Russia Working Group on Military technical cooperation and defence industry…

18 hours ago

“I want to have strong representation of India at World Nuclear Exhibition 2025”: Sylvie Bermann

Sylvie Bermann, President of the World Nuclear Exhibition expressed confidence in India's nuclear supply chain…

20 hours ago