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NTPC Ltd generated 270.9 billion units (BU) of electricity in FY21, up 4.3% compared to FY20, the state-run firm said in a statement on Thursday.
The increase in power generation assumes significance as it is a key indicator of India’s economic recovery following the massive covid-led disruptions. Energy consumption, especially of electricity and refinery products, is usually linked to overall demand in the economy.
“NTPC, India’s largest power generating company, recorded its highest ever group generation of 314 BU in FY21, a growth of 8.2% compared to the previous year. On a standalone basis, NTPC generated 270.9 BU in FY21, an increase of 4.3% over FY20,” it added.
NTPC has an installed power generation capacity of 65.81 gigawatts (GW) across 70 projects, while 18GW is under construction. NTPC realized 100% of the billed amount from discoms and, for the first time, realization crossed ₹1 trillion, it said.
India’s peak power demand has also been low due to the precarious finances of some state-owned discoms, which prevents them from procuring adequate power. “NTPC group recorded highest ever single-day generation of 1,192.42 MU (group level) and 990.65 MU (NTPC). The coal plants registered a PLF (plant load factor) of 66% with an availability factor of 91.43%,” NTPC added.
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