Indian Economy News

NTPC registers 11.93% growth in generation during FY23

National Thermal Power Corporation (NTPC) Ltd. registered an 11.92% growth in the generation which stood at 364.2 billion units (BU) in FY23 till February, as compared to the country’s generation growth of 9.56%.

NTPC is significantly demonstrating an increasing trend in coal production from its captive mines. The captive coal production of NTPC stood at 2.6 million metric tonnes (MMT), whereas the despatch stood at 2.5 MMT, thereby registering a growth of 80% and 87%, respectively, in February as against the previous corresponding year.

On a cumulative basis, the coal production crossed 20 MMT during FY23.

Several steps have been taken by NTPC to augment the coal production from its coal mines. The operational mines have been able to boost their output with the use of high-capacity dumpers and a larger fleet of excavators.

The installed capacity of the NTPC group stands at 71,594 megawatts (MW).

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