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NTPC gets away with modest increase in power generation target for FY 2009-10

02 Apr 2009 Evaluate

National Thermal Power Corporation (NTPC) has signed a Memorandum of Understanding with Secretary (Power), Government of India, for generation 217 billion units of electricity during the financial year 2009-10.  This represents mere 3.1% increase in power generation from the target of 210.3 billion units in FY 2008-09.  NTPC has actually generated 201.634 billion units from 1st April 2008 to 23rd March 2009, which is about 2% less than the target for this period. 

 

The MoU also specifies targets of important milestones relating to project completion schedule of ongoing power projects, coal mining activities etc. In addition, it also includes target in respect of subsidiaries like NVVB, NESCL, NHL and Kanti Bijlee Utpadan Nigam.

 

In another development, the total power capacity of NTPC group has touched 30,144 MW as of 31st March 2009.  This was achieved when the second plant of 2 * 250 unit Bhilai expansion power project of NATPC Sail Power Company, in which NTPC has 50% stake, was successfully synchronized on 28th March 2009.

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NTPC Share Price

402.20 1.75 (0.44%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 402.20
Tata Power 436.00
Adani Power 225.15
Power Grid Corp 313.90
Torrent Power 1724.80
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