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NTPC Q2 Net Profit Up by 6%

Power News - Published on Tue, 13 Aug 2019

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State owned power giant NTPC posted a 5.63% rise in its consolidated net profit to INR 2,840.28 crore in the June 2019 quarter. Its net profit was INR 2,688.96 crore in the corresponding period a year ago. Total income on a consolidated basis rose to INR 26,272.24 crore in the said quarter from INR 24,148.50 crore a year ago.

Gross power generation of the NTPC Group for the April-June 2019 was 76.63 billion units as against 76.92 BUs in the same period of 2018. The average power tariff of the firm was INR 3.63 per unit in the quarter under review.

The company's plant load factor or capacity utilisation of coal-based projects dropped to 73.91% in the June 2019 quarter from 77.98% a year earlier.

Its domestic coal supply dipped to 42.28 million tonne in the April to June period from 43.04 million tonne a year ago.

Coal imports by the company went up slightly to 0.89 million tonne in the said quarter from 0.09 million tonne a year ago.

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Posted By : Rabi Wangkhem on Tue, 13 Aug 2019
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