NTPC hits 50 GW generation mark

NTPC contributes nearly 24% of India's power generation

State-owned NTPC has hit 50GW capacity with the commissioning of a 500 MW unit at Unchahar in Uttar Pradesh, taking its total installed capacity to 50,498 MW.

Ranked the world’s third largest power company by coal-based power generation capacity, NTPC is ranked second among independent power producers globally by Platts, according to a company release. 

NTPC contributes nearly 24 per cent of India’s power generation, topping 250 BUs in 2016-17. It has also begun mining coal at Pakri Barwadih in Hazaribagh, commissioned its first high-efficiency 800 MW unit at Kudgi and has steadily added to its renewable energy portfolio. Its first wind power project of 50 MW is coming up in Gujarat 

The company has over 21,000 MW of power capacity under implementation, including 4,300 MW being undertaken by joint venture and subsidiary companies, translating into an investment of over Rs 1 lakh crore.

NTPC incurred capital expenditure of Rs 17,520.68 crore in the first nine months of 2016-17. Capital expenditure by other group companies was Rs 3,588.14 crore during the period, taking the total for the nine months to Rs 21,108.82 crore.