NTPC Ltd.

BSE: 532555 | NSE: NTPC
Large Cap | Power Generation/Distribution
365.15
6.60 (1.84%)
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Fitch Ratings expects NTPC to generate higher operating profit in FY20

Date: 06-06-2019

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.