NTPC Group crosses 400 Billion Units (BU) of power generation in 2023-24, surpassing electricity generated in previous year – EQ
In Short : In 2023-24, the NTPC Group achieved a significant milestone by surpassing 400 Billion Units (BU) of power generation, exceeding the electricity generated in the previous year.
In Detail : NTPC Group has crossed the mark of 400 Billion Units (BU) of total electricity generation in the current financial year, on 13th March, 2024. During FY 2022-23, the company had generated 399.3 BU.
This milestone has been achieved with an average Plant Loading Factor (PLF) of 77.06% for NTPC’s coal stations, till 13th March, 2024 in the current financial year.
Earlier during the year, the company recorded highest ever single-day power generation of 1,428 Million Units on 1st September, 2023. The stellar performance of NTPC units is a testimony to the expertise of NTPC engineers, and its Operation & Maintenance practices and systems.
Further, this accomplishment reinforces NTPC’s commitment to delivering reliable and affordable power to the Nation.
While the installed power capacity of NTPC is 75.4 GW, 18 GW capacity which includes 5 GW of 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 process for power distribution of Union Territories.
NTPC Limited is India’s largest integrated power utility, contributing 1/4th of the electricity 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.
