Hot Pursuit     13-Sep-23
NTPC completes trial operation of unit-1 of Telangana project
The state-run power major announced that it has completed the trial operation of unit-1 of 800 megawatt (MW) capacity of Stage-I (2 x 800 MW) of the Telangana Super Thermal Power Project.

With this, the installed capacity of NTPC and NTPC group has become 57,838 MW and 73,824 MW respectively, said the company.

NTPC is India's largest energy conglomerate. It has presence in the entire value chain of the power generation business. As on 30 June 2023, the Government of India holds 51.10% in NTPC.

The company's consolidated net profit jumped 23.8% to Rs 4,873.24 crore in Q1 FY24 from Rs 3,936.82 crore recorded in Q1 FY23. Revenue from operations declined marginally to Rs 43,075.09 crore in Q1 FY24 as against Rs 43,177.14 crore posted in Q1 FY23.

Shares of NTPC declined 0.45% to Rs 233.85 on the BSE.

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