The plant load factor (PLF) of gas-based power plants (GBPPs) is likely to decline further in FY18, says India Ratings and Research (Ind-Ra).
India’s largest power generation company, NTPC is shifting its focus to renewable energy and going slow on coal-fired generation capacity addition to bring its business plan in line with the government’s priority to fight climate change.
Just clocking profits is not our prime motto, our main aim is to go on providing reliable, affordable and quality power to consumers, Gurdeep Singh, CMD, NTPC.
From being a coal based generation company, today NTPC is generating power from all sources be it solar, wind, gas or hydro.
Mr Gurdeep Singh leads India’s largest power generation company, NTPC Ltd as its chairman and managing director. Just few days back, NTPC achieved a significant benchmark of becoming a 50,000 mega watt company. In an exclusive interview (his first after the landmark achievement of NTPC becoming a 50,000 mw plus company) to the Founder and Editor of EnergyInfraPost.com, Anupama Airy, Mr Singh spoke in detail about the company’s achievements so far and the plans ahead.
State-owned thermal power plants in Gujarat that use coal as fuel, last year, recorded a plant load factor (PLF) of a mere 41 per cent.
The capacity utilization of thermal power plants has been in the red for the last several years. From a peak of 79 per cent in 2007-08, it fell to 75 per cent in 2010-11 due to the twin reasons of faster capacity addition and stressed coal availability. It now stands at less than 60 per cent despite availability of coal.
NTPC has total installed capacity of 48,188 MW from its 19 coal based, 7 gas based, 10 solar PV, one Hydro and 9 Subsidiaries / Joint Venture power stations.Company has capacity of over 23,000 MW under implementation at 23 locations across the country including 4300 MW being undertaken by joint venture and subsidiary companies
NTPC Group achieved highest ever cumulative gross generation of 263.95 BU till Thursday (March 16, 2017) during current year surpassing previous annual best of 263.42 BU recorded in FY-16. Generation of Group NTPC registered an annual growth of 4.71% over last year, a company’s statement said on Friday.
The country’s peak power demand at the end of the financial year 2021-22 will be 235 giga watt (GW), down 17% from the estimate made in 2012
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