NTPC Releases Unaudited Results For Q1 FY21; Achieves Profit of INR 2,470.16 Cr

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National Thermal Power Corporation Limited (NTPC) with a group installed capacity of 62110 MW recently declared the unaudited financial results for Q1 FY21 on 14 August 2020.

As per company statement the gross generation of NTPC in Q1 FY21 was 60.18 Billion units as against 68.49 Billion units during the corresponding previous quarter. NTPC Coal stations achieved PLF of 58.22% in Q1 FY21 as against the National Average PLF of 46.70%.

On standalone basis, in Q1 FY21, the total income was Rs.24,021 crore as against the total income of Rs.24518.81 crore during the corresponding previous quarter. Profit After Tax (PAT) for Q1 FY21 was Rs.2,470.16 crore (after allowing rebate to beneficiaries which have met the conditions approved by the Board, of Rs.802.57 crore on the capacity charges during the lock down period) as compared to Rs.2,602.79 crore in the corresponding previous quarter.

Recently, As per a statement by National Thermal Power Corporation Limited (NTPC) Ltd a PSU under Ministry of Power and Country’s largest power generation company, it has achieved highest daily gross generation of 977.07 Million Unit (MU) on 28th July, 2020. NTPC total generation includes power generated from its Subsidiary and JV companies.

NTPC stated that five of its power stations Korba, Sipat & Lara in Chhattisgarh, Talcher Kaniha in Odisha and Koldam hydro in Himachal Pradesh exhibited exceptional performance & achieved 100% Plant Load Factor (PLF) on the day. NTPC’s previous best daily generation was 935.46 MU achieved on 12th March 2019.

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