New Delhi: State-run NTPC Limited, a Maharatna PSU under the Ministry of Power, said that it has recorded double-digit growth in power generation during the second quarter of the current financial year (Q2 FY21). "NTPC Group companies have recorded a growth of 13.3 percent from July to September 2020, compared to the same period last year," the company said in a statement on Thursday.
Electricity generation by the group in the first half of the current financial year, from April to September, was 145.87 BU, higher by 0.4 percent than the same period last year.
NTPC coal stations have maintained a high availability of 94.21 percent during April to September as against 90.26 percent during the same period last year, demonstrating high levels of operational excellence.
The news comes a day after NTPC Limited signed an MoU with the government for Financial Year 2020-21. Under this MoU, NTPC is aiming to spend Rs 21,000 crore on capex and generate 340 Billion Units (BU) of electricity.
The present installed capacity of NTPC Limited is 6,2,910 MW (including 11,755 MW through JVs and subsidiaries), comprising of 70 NTPC stations (24 coal-based stations, 7 combined cycle gas and liquid fuel based stations, 1 hydro based station, 1 wind-based station), 25 Joint Venture stations (9 coal-based and 4 gas based) and 12 renewable energy projects. The company aims to achieve a total installed capacity of 130 GW by 2032.
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