NTPC saves Rs 446 crore in energy bill in April

NTPC saves Rs 446 crore in energy bill in April

Public sector power maker NTPC has made a saving of Rs 446 crore in energy bill in April this year despite recent increase in Clean Energy Cess on coal, company said on Friday.

“In spite of recent increase in Clean Energy Cess on coal, a saving of Rs 446 crore has been made in monthly billing of equivalent quantity of energy supplied in the month of April 2016 as compared to that of last year,” NTPC said in a statement.

In addition, NTPC is taking other initiatives to bring down the energy charges under Ujwal DISCOM Assurance Yojna (UDAY) for revival of debt-ridden discoms. The efforts include rationalisation 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.

The company had reduced the imported coal consumption by 42.19 per cent during 2015-16 to 9.47 million tonnes from 16.38 million tonnes in the previous fiscal.

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