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JUL 31 2017

NTPC net profit up 11% at Rs. 2,595 cr

  • Economic Times, ET Bureau / Hyderabad
  • Created: Mon 31st JUL 2017

 

Public sector undertaking and the country’s largest power producer NTPC Ltd has reported a Rs. 2,595.25 crore net profit for the first quarter of 2017-2018.

This is 10.9 per cent higher than the Rs. 2,339.99-crore net profit reported in the corresponding quarter of 2016-2017. The average tariff charged to consumers from NTPC’s plants stood at Rs. 3.25 per unit.

During the quarter under consideration of 2017-2018, NTPC generated 71.606 billion units against 71.501 billion units generated in the corresponding period of the previous year.

Plant load factor

During the quarter, NTPC’s overall plant load factor (PLF) fell 0.70 per cent. The company’s coal-based power plants reported a PLF of 79.05 per cent, 2.30 per cent lower than the 81.35 per cent during the first quarter of the last fiscal.

The percentage utility of gas-based power plants, too, fell 1.92 per cent with a reported PLF of 24.39 per cent, against a 26.31 per cent PLF in the corresponding quarter of 2016-2017. But, PLF for hydropower generation was 7.91 per cent higher to 65.17 per cent during first quarter of the current fiscal.

Tags

Coal Gas Tariff Hydropower Generation NTPC Ltd Coal-based power plants Power Hydropower

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