NTPC logs record power production at 242 bn units in FY16

The state-run power company has exceeded its capacity additional target by adding 2,255 Mw

State-run NTPC on Friday said it has recorded highest ever annual power generation of 241.98 billion units (excluding its joint ventures) last financial year.

Besides, the company has exceeded its capacity addition target by adding 2,255 Mw last financial year, taking NTPC groups total installed capacity to 46,653 Mw, as on March 31, 2016, the company said in a statement.

NTPC's solar stations generated 160.8 million units, its highest ever, at a CUF (capacity utilisation factor) of 16.64 per cent, it said.

During the period, the company's four coal power stations were amongst the top 5 in the country in terms of PLF (plant load factor). PLF is the proportion of installed capacity utilisation of the power plant.

The company also met its capex (capital expenditure) target of Rs 25,000 crore during the year and achieved 100 per cent realisation of the dues.

The coal mining activities will soon commence at its Pakri Barwadih Mine. It has reduced its coal import consumption by 42.19 per cent during the year to 9.47 million tonnes from 16.38 per cent last year, it said.

As a result of its efforts like rationalisation of coal linkages, reduction in imported coal consumption, enforcement of third-party sampling of coal and other measures in the second half of 2015-16 financial year, it reduced energy charges of coal stations by nearly 20 per cent.

NTPC shall endeavor to bring down the energy charges further to help the discoms, it said.

With capacity addition of 9,550 Mw during the current Five Year Plan (2012-17), NTPC is all geared up to achieve the target of 11,920 Mw for the 12th Five Year Plan ending on March 31, 2017, it added.

During 2015-16, it has commissioned Koldam unit 3 and 4 of 200 Mw each in Himachal Pradesh, Bongaigaon Unit-1 of 250 Mw in Assam, Vindhyachal Unit-13 of 500 Mw in Madhya Pradesh, Nabinagar Unit 1 of 250 Mw in Bihar, Kanti Unit-3 of 195 Mw in Bihar, Mouda Unit-3 of 660 Mw in Maharashtra.

Under the CSR activities, the company will continue to provide safe drinking water and focus on training and skill development of people in the vicinity of its projects and stations, it said.

It further said the options of installing water ATMs and opening generic medicine shops to provide access to low cost medicines are also being explored.

NTPC has 18 coal-based, 7 gas-based, 8 solar PV, one Hydro and 8 subsidiaries/Joint Venture power stations and has a capacity of over 24,000 Mw under different phases of completion.