PSUs: NTPC Achieves Its Fastest-Ever 300 Billion Units Electricity Generation
- Indian Masterminds Bureau
- Published on 21 Dec 2023, 11:34 pm IST
- 2 minutes read
Highlights
This accomplishment reinforces NTPC’s commitment to delivering reliable and affordable power to the Nation
NTPC Group has achieved the fastest ever 300 Billion Units (BU) electricity generation on 18th December 2023. This milestone has been achieved in just 262 days in FY 2023-24, which is 18 days early as compared to the last financial year. In FY 2022-23, the company had crossed 300 BU generation on 5th January 2023. On a standalone basis, 256 BU generation has been recorded from NTPC stations in FY 2023-24.
Apart from this, the state-owned power generator saw its market capitalisation surge past ₹3 lakh crore for the first time, on 19th Dec, 2023. A close 90% rally since January this year has taken the market valuation of NTPC to a new high.
This accomplishment reinforces NTPC’s commitment to delivering reliable and affordable power to the Nation.Related Stories
While NTPC has an installed capacity of approximately 74 GW, over 18 GW capacity including 5 GW Renewables is under construction. The company is committed to achieve 60 GW of Renewable Energy capacity by the year 2032.
Along with power generation, NTPC has also ventured into various new business areas including e-mobility, Waste-to-Energy, Green Hydrogen solutions and has participated in the bidding for power distribution of Union Territories.
NTPC Ltd. is India’s largest integrated power utility, contributing 1/4th of the power requirement of the country. With a diverse portfolio of thermal, hydro, solar, and wind power plants, NTPC is dedicated to delivering reliable, affordable, and sustainable electricity to the Nation. The company is committed to adopting best practices, fostering innovation, and embracing clean energy technologies for a greener future.
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