NTPC logs nearly 12% growth in electricity generation in April-Feb this fiscal
The NTPC Group (along with subsidiaries and joint ventures) installed capacity stands 71,594 MW.
State-owned power giant NTPC on Monday said that it has logged nearly 12 per cent growth in electricity generation to 364.2 billion units in the April-February period this fiscal compared to a year ago.
"NTPC Ltd registered 11.92 per cent growth in generation i.E. 364.2 BU in FY23 till February month, compared to the country's generation growth of 9.56 per cent," a company statement said.
NTPC continues to demonstrate an increasing trend in coal production from its captive mines.
It stated that the NTPC Captive Coal production stood 2.6 Million Metric tonnes(MMT) whereas the despatch stood 2.5 MMT, thus registered a robust growth of 80 per per cent and 87 per cent respectively, in February vis-?-vis previous corresponding year.
On a cumulative basis, the coal production crossed 20 MMT in FY23, it stated.
NTPC has taken various steps to augment the coal production from its coal mines. The engagement of high-capacity dumpers as well as an increase in the existing fleet size of excavators has allowed the operational mines to increase their production, it stated.
The NTPC Group (along with subsidiaries and joint ventures) installed capacity stands 71,594 MW.
Catch latest stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs PNB 400-day FD: Here's what general and senior citizens will get in maturity on Rs 3.5 lakh and 7 lakh investments in special FDs?
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
SCSS vs FD: Which guaranteed return scheme will give you more quarterly income on Rs 20,00,000 investment?
04:10 PM IST