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Hot Pursuit
03-Jul-24
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NTPC power generation climbs 9.5% YoY in Q1
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NTPC informed that it has recorded a power generation of 113.87 million units in Q1 FY25, a growth of 9.5% as compared to the corresponding period of previous year.
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The company’s coal stations recorded a plant load factor (PLF) of 79.5% during the quarter ended.
NTPC stated that it has significantly ramped up its power generation, ensuring a steady and reliable supply of electricity as the nation’s electricity demand continues to soar to newer peaks.
NTPC is India's largest energy conglomerate. It has presence in the entire value chain of the power generation business. As on 31 March 2024, the Government of India holds 51.10% in NTPC.
The state-run power major’s consolidated net profit jumped 33.22% to Rs 6,490.05 crore on 7.61% rise in revenue from operations to Rs 47,622.06 crore in Q4 FY24 over Q4 FY23.
The scrip rose 0.27% to currently trade at Rs 371.30 on the BSE.
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