NTPC Partners with Indian Army for Solar Hydrogen-Based Microgrid in Ladakh
Key Ideas
- NTPC Limited reported a 14% increase in consolidated net profit for the September quarter, reaching Rs 5,380.25 crore.
- The company's average tariff was Rs 4.67 per unit, slightly higher than the previous year.
- NTPC Group's installed power generation capacity grew to 76,443 MW, reflecting an upward trend in capacity expansion.
- NTPC has collaborated with the Indian Army to establish a solar hydrogen-based microgrid at Chushul, Ladakh, ensuring stable power supply using green hydrogen.
NTPC Limited, a state-owned power company in India, announced a 14% rise in consolidated net profit to Rs 5,380.25 crore for the September quarter. Despite a slight decrease in total income, the company's average tariff increased to Rs 4.67 per unit. The Board of Directors also approved an interim dividend for the financial year 2024-25. Additionally, NTPC's gross electricity generation decreased, but coal output from captive mines and production increased. The capacity utilization of coal-based thermal power plants fell slightly. NTPC Group's installed power generation capacity rose to 76,443 MW, with an increase in both total and standalone capacity. Furthermore, NTPC has partnered with the Indian Army to set up a solar hydrogen-based microgrid in Chushul, Ladakh, to provide stable power supply using green hydrogen.