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NTPC crosses 400 bn units power generation mark in FY24, eyes green energy

State-owned NTPC on Thursday said its electricity generation has crossed 400 billion units (BU) this fiscal year

NTPC

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Press Trust of India New Delhi

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State-owned NTPC on Thursday said its electricity generation has crossed 400 billion units (BU) this fiscal year.
In FY23, the company had generated 399.3 BU, a company statement said.
According to the statement, till March 13 of FY24, NTPC coal stations recorded a plant loading factor (PLF or capacity utilisation) of 77.06 per cent.
During the fiscal year, the company recorded the highest ever single-day generation of 1,428 MU (million units) on September 1, 2023.
NTPC has an installed capacity of 75.4 GW, while 18 GW capacity including 5 GW renewables is under construction.
The company is committed to achieving 60 GW of renewable energy capacity by 2032.
NTPC has also ventured into various new business areas including e-mobility, waste-to-energy, green hydrogen solutions and participated in the bidding for power distribution of Union Territories.
It is India's largest integrated power utility, contributing 1/4th of the power requirement of the country.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mar 14 2024 | 1:03 PM IST

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