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Staff Reporter

, India

Published:

1 year ago

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NTPC posts record power generation in FY23

Its power generation increased 10.80% YoY to 400 billion units.

India’s largest integrated power generator NTPC reported its highest-ever power generation reaching 400 billion units in financial year (FY) 2023, increasing by 10.80% year-on-year.

In a statement, NTPC said coal production from its captive mines continues to increase, up by 65% YoY to reach 23.2 million metric tonnes. This is due to its use of high-capacity dumpers and the growth in its fleet size of excavators.

NTPC has an installed capacity of 71,594 megawatts.

The company aims to have renewables account for half of its installed capacity by 2023. Its non-fossil portfolio rose 24.24% during the year.

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