NTPC registers 11.93% growth in power generation during FY23 
News Updates

NTPC registers 11.93% growth in power generation during FY23

NTPC has achieved 11.92 percent growth in power generation in FY23 till February

PSU Watch Bureau

New Delhi: State-owned NTPC said in a statement on Monday that it has achieved 11.92 percent growth in power generation i.e., 364.2 BU in FY23 till February month as compared to the country’s generation growth of 9.56 percent. The company also said that it continues to demonstrate an increasing trend in coal production from its captive mines.

NTPC's captive coal production stood at 2.6 MMT

"NTPC's captive coal production stood at 2.6 Million Metric tonnes (MMT) whereas the  despatch stood at 2.5 MMT, registering a robust growth of 80 percent and 87 percent respectively in February as compared to previous corresponding year. On a cumulative basis, the coal production crossed 20 MMT during FY23," said the statement.

NTPC took steps to augment coal production from its coal mines

"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. Overall, NTPC Group's installed capacity stands 71,594 MW," the statement added.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

GAIL reports net profit of Rs 5,706 crore for nine months of FY'26

Leadership Transition at HSL: Cmde Girideep Singh, superannuates; Capt. Ganti Venkateswarlu assumes additional charge as C&MD

NALCO posts record Rs 1,601 crore net profit in Q3 FY26; nine-month profit touches all-time high of Rs 4,098 crore

If firm profits more from its scale, it has to bear more responsibility for environmental costs: SC

BoB Q3 net profit inches up 4.39%, lowers FY26 credit costs as asset quality holding up