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Projects: NTPC FY24 performance reflects electricity generation growth

Fiinews by Fiinews
May 28, 2024
in Projects
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Coal stations achieved a Plant Load Factor of 77.25%, says NTPC

India’s electricity generating sector is doing well based on NTPC Group financial performance in FY2023-24 when it generated 422 billion units compared to 399 billion units in FY23, an increase of ~6% https://www.siew.gov.sg/ .

NTPC’s http://ntpc.co.in standalone gross generation in FY24 was 362 billion units as compared to 344 billion units in the previous year, registering an increase of ~5% http://isolaralliance.org .

NTPC Ltd, with an installed group capacity of 76,015 MW, says its coal stations http://coalindia.in achieved a Plant Load Factor of 77.25% as against the National Average of 69.49% during FY24 https://www.worldcoal.com/ .

On standalone basis, the Total Income of NTPC for FY24 was Rs.165,707 crores as against the previous year’s Total Income of Rs.167,724 crores. Profit After Tax for FY24 was Rs.18,079 crores as against Rs.17,197 crores in FY23, an increase of ~5% https://mnre.gov.in/ .

On a consolidated basis, the Total Income of the Group for FY24 was Rs.181,166 crores as against the previous year’s Total Income of Rs.177,977 crores, registering an increase of ~2% https://pnwh2.com/ . Profit After Tax of the group for FY24 was Rs.21,332 crores as against the corresponding previous year PAT of Rs.17,121 crores, registering an increase of 24.60% https://www.iea.org/ . fiinews.com

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