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Fitch Ratings expects NTPC to generate higher operating profit in FY20

06 Jun 2019 Evaluate

Credit rating agency, Fitch Ratings expects that NTPC will generate higher operating profits in the current fiscal. It is partly driven by improvement in availability factors across most of its power projects, resulting in lower under-recoveries.The better availability will be based on higher coal procurement from the group's new captive mines, imports and Coal India.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

Peers
Company Name CMP
NTPC 322.25
Tata Power 350.05
Adani Power 200.45
Power Grid Corpn. 258.05
Adani Energy Solut. 1360.00
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