NTPC crosses 400 bn units power generation mark in FY24, eyes green energy

State-owned NTPC on Thursday said its electricity generation has crossed 400 billion units (BU) this fiscal year. In FY23, the company had generated 399.3 BU, a company statement said. According to the statement, till March 13 of FY24, NTPC coal stations recorded a plant loading factor (PLF or capacity utilisation) of 77.06 per cent. During the fiscal year, the company recorded the highest ever single-day generation of 1,428 MU (million units) on September 1, 2023. NTPC has an installed capacity of 75.4 GW, while 18 GW capacity including 5 GW renewables is under construction. The company is committed to achieving 60 GW of renewable energy capacity by 2032. NTPC has also ventured into various new business areas including e-mobility, waste-to-energy, green hydrogen solutions and participated in the bidding for power distribution of Union Territories. It is India's largest integrated power utility, contributing 1/4th of the power requirement of the country.

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