NTPC Ltd's Growth and Diversification in Power Sector
Key Ideas
- NTPC recorded a 3.82% growth in power generation, reaching 326 BU by the end of Q3 FY 2024-25.
- The cumulative plant load factor of NTPC coal stations stood at 76.20% during the same period.
- NTPC Group's installed capacity reached 76,598 MW by the end of 2024 with an addition of 2724 MW during the year.
- Apart from conventional power generation, NTPC is actively exploring new business areas like e-mobility, green hydrogen, and waste-to-energy for a sustainable future.
NTPC Ltd, India's largest integrated power utility, has showcased remarkable growth in power generation and operational efficiency. By the end of the third quarter of FY 2024-25, NTPC recorded a 3.82% increase in power generation, reaching 326 BU. Additionally, their coal stations achieved a commendable cumulative plant load factor of 76.20%. The company's commitment to delivering reliable and affordable power is evident through their continuous capacity expansions, with the NTPC Group's installed capacity reaching 76,598 MW by the end of 2024. NTPC also has ambitious plans for renewable energy, aiming to achieve 60 GW of renewable energy capacity by 2032. In line with their dedication to sustainability, NTPC has diversified its business into areas like e-mobility, battery storage, pumped hydro storage, waste-to-energy, and green hydrogen solutions. This diversification showcases NTPC's proactive approach towards embracing clean energy technologies and fostering innovation for a greener future.
Topics
Green Hydrogen
Renewable Energy
Innovation
Sustainability
Power Generation
Electricity
Business Diversification
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