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NTPC trades 3.7 million units of surplus power on Indian Energy Exchange

16 Jun 2016 Evaluate

NTPC, one of the largest power generators in the country, has traded 3.7 million units of surplus power on Indian Energy Exchange (IEX) till date. The company has made small beginning with sale of surplus power from its power stations in Singrauli, Vindhyachal, Rihand , Unchahar and Dadri through Power Exchange recently.

The decision for sale of power through exchange is based on the amendment issued to Tariff Policy in January, 2016, allowing the Generating Companies to sell surplus power in the market with the consent of Beneficiary and share the incremental gain with them making it a win win situation for both.

NTPC recorded highest ever gross generation of 241.98 BU during the year 2015-16. NTPC coal stations achieved a PLF of 78.61% during the year 2015-16, which is highest among Central, State and Private Sector companies in the country. NTPC Group recorded Gross Generation of 263.42 Billion Units during the year 2015-16.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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