Clocking a double digit growth in power generation in the first quarter, India’s largest power generation company—the state-run NTPC Ltd has recorded a 10% increase in power generation to 64.6 billion units (BUs) in the April-June quarter compared to the year-ago period.
“NTPC has clocked 10% increase in power generation in the first quarter of FY 17 in comparison to the same period last year with an increase in generation from 58.70 BUs to 64.6 Bus,” a company’s statement said. “NTPC group achieved generation increase of 11.65% during the period.”
While NTPC’s power generation increased, its electricity tariff (billed by NTPC) to the beneficiaries has seen a significant reduction as compared to the same period last year despite increase in fuel prices.
Company’s efforts under UDAY (Ujwal DISCOM Assurance Yojna) which utilises the best principles of cooperative and competitive federalism aimed to reform distribution sector in India, as a result of rationalization of coal linkages, reduction in imported coal consumption, enforcement of third party sampling of coal and other measures have led to reduction in energy charges of coal stations benefitting the Discoms and the consumers.
NTPC has a total installed capacity of 47178 MW through its 18 coal based, 7 gas based, 9 solar PV, one Hydro and 8 Subsidiaries / Joint Venture power stations.
Company has a capacity of over 24,000 MW under different phases construction presently.