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NPC net rises 110% to Rs 1,497 cr in Apr-Dec
Sanjay Jog / Mumbai Feb 06, 2012, 00:57 IST

The turnover of Nuclear Power Corporation (NPC) during April-December shot up 42 per cent at Rs 5,517 crore compared to Rs 3,885 crore during the corresponding period last year. The state-run company’s total income rose 33.5 per cent at Rs 6,129 crore compared to Rs 4,590 crore. Its net soared to Rs 1,497 crore from Rs 715 crore, a rise of 110 per cent

NPC, which has supplied these provisional numbers, says the improved performance of 20 plants with installed capacity of 4,780 Mw was largely due to an increase in the availability of fuel for both domestic and foreign reactors, besides increased installed capacity.

The capacity of plants also increased to 78 per cent against 66 per cent last year. Generation rose to 23,945 million units (MU) against 18,012 MU during the same period.

Chairman and managing director SK Jain said the company had “nurtured and mastered” nuclear technology. “We are in a position to meet the country’s growing energy needs through the nuclear route by providing safe and economical power,” he told Business Standard. “The improvement in the performance will make us and the country proud.”

On its part, Central Electricity Authority (CEA) said the electricity generation during December 2011 from nuclear plants was 124.1 per cent of the program for the month. The growth rate of nuclear generation was 7.88 per cent vis-a-vis the year-ago period. The cumulative electricity generation during April-December from nuclear plants was 125.53 per cent of the program, CEA said in a report.

During December the generation from nuclear plants exceeded its target by 506 MU. The nuclear generation was 2606 MU against the target of 2100 MU during the month, representing an achievement of 124.10% and a growth rate of 7.88 per cent with respect to nuclear generation during same period last year.

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