Indian Economy News

NTPC clocks 21.7% growth in power generation at 104.4 billion units in June quarter

State-run energy company NTPC Ltd. reported that its electricity production increased by 21.7% to 104.4 billion units (BU) during the first quarter (April-June) of this fiscal year, rising 21.7% from the 85.8 BU produced in the same quarter last year.

Power generation increased from 26.9 BU in June 2021 to 34.8 BU in June 2022, a 29.3% increase, showing stronger performance and a rise in electricity demand for the current year.

The best performing thermal power plant between April-June 2022 is the NTPC Talcher Kaniha (3000 MW) in Orissa, with a Plant Load Factor (PLF or capacity utilisation) of 94.2%.

Between April-June 2022, the overall plant load factor of the NTPC coal stations was 80%, compared to 69% over the same time period last year.

NTPC is expanding its footprint in new business areas like green hydrogen, waste-to-energy and e-mobility. The largest power producer in India wants to reduce net energy intensity by 10% by 2032. In addition to electricity generation, NTPC has expanded into the production of energy from cleaner and more environmentally friendly sources, including hydro, wind, solar, and green hydrogen solutions.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.