21 October 2026
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NTPC Q2 FY27 Results: Power Generation Rises 12.93% to 117.9 BU as Coal Dispatch Jumps 28.45%

NTPC records strong operational growth in the September quarter, with power trading volume also increasing 22% year-on-year to 15.06 BU.
Indian Masterminds Stories

New Delhi: State-run power producer NTPC Limited recorded strong operational growth during the second quarter of FY 2026-27, with electricity generation increasing 12.93 per cent year-on-year to 117.9 billion units (BU) from 104.4 BU in the corresponding quarter of the previous financial year.

The increase in power generation highlights continued growth in NTPC’s core electricity generation business. The company remains one of India’s largest integrated power utilities, with thermal power continuing to account for a significant share of its generation capacity.

NTPC Power Generation Rises 12.93% in Q2 FY27

NTPC generated 117.9 BU of electricity in Q2 FY27, compared with 104.4 BU in Q2 FY26.

Key figures include:

  • Q2 FY27 power generation: 117.9 BU
  • Q2 FY26 power generation: 104.4 BU
  • Year-on-year growth: 12.93%

Electricity generation remains a key operational indicator for NTPC, reflecting the performance and utilisation of its generation fleet.

The latest operational numbers cover the September quarter of FY 2026-27 and are separate from the company’s quarterly financial results, which will provide details on revenue, profitability and other financial indicators.

Read also: NTPC Pays ₹3,393.83 Crore Final Dividend for FY26, Total Payout Reaches ₹8,727 Crore

Coal Dispatch Rises 28.45% Year-on-Year

NTPC also reported a sharp increase in coal dispatch during the quarter.

Coal dispatch rose 28.45 per cent year-on-year to 11.899 million metric tonnes (MMT) in Q2 FY27, compared with 9.260 MMT in the same quarter of the previous financial year.

The key coal dispatch figures are:

  • Q2 FY27: 11.899 MMT
  • Q2 FY26: 9.260 MMT
  • Year-on-year growth: 28.45%

Higher coal dispatch can support fuel availability for NTPC’s thermal power generation fleet, which continues to contribute significantly to the company’s overall electricity production.

NTPC Power Trading Volume Grows 22%

NTPC’s power trading business also recorded growth during the quarter.

The company’s power trading volume increased 22 per cent year-on-year to 15.06 BU, compared with 12.34 BU in Q2 FY26.

The figures are:

  • Q2 FY27 trading volume: 15.06 BU
  • Q2 FY26 trading volume: 12.34 BU
  • Year-on-year growth: 22%

The increase in trading volumes adds to the growth recorded across NTPC’s key operational activities during the quarter.

NTPC Continues to Expand Generation Capacity

The operational performance comes as NTPC continues to expand its generation capacity while increasing its presence in renewable and emerging energy businesses.

The company’s current capacity and expansion plans include:

  • Current installed capacity: More than 91 GW
  • Capacity under construction: More than 35 GW
  • Target installed capacity by 2032: 149 GW
  • Renewable energy capacity target by 2032: 60 GW

The company aims to increase its overall generation capacity while gradually expanding the contribution of renewable energy to its portfolio.

NTPC Diversifies Into Renewable and New Energy Businesses

Along with conventional thermal and hydro power generation, NTPC has expanded its operations into several renewable and emerging energy segments.

These include:

  • Solar energy
  • Wind energy
  • Battery energy storage
  • E-mobility
  • Waste-to-energy
  • Nuclear power
  • Green hydrogen

The diversification forms part of NTPC’s broader strategy to expand its presence across conventional as well as new and clean-energy businesses.

About NTPC

NTPC Limited, formerly known as National Thermal Power Corporation, is a state-run power generation company and one of India’s largest integrated power utilities. The company operates across conventional and renewable energy segments and is expanding into areas such as solar, wind, battery storage, nuclear power, green hydrogen, e-mobility and waste-to-energy. NTPC has set a target of reaching 149 GW of installed capacity by 2032, including 60 GW from renewable energy sources.

Read also: NTPC Green Energy Commissions 153.94 MW Solar Capacity at Kalasar Project in Rajasthan


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