Damodar Valley Corporation (DVC) achieved the “highest” power generation in its 75 years of existence, with a 6.5-per cent on-year rise in 2022-23 to 43.32 billion units, which mostly came from thermal sources, company officials said.
It also registered a robust 29 per cent growth in power sales to Rs 24,432 crore in 2022-23 over the preceding fiscal, aided by tariff revision and a central scheme, they said.
The plant load factor, too, stood at a record 74.23 per cent as against 68.96 per cent in the 2021-22 fiscal.
“In FY’23, billing was Rs 24,432 crore, which is higher by around Rs 5,461 crore over the previous year. Apart from higher generation, regulatory approvals of tariff revision and the Union government’s Late Payment Surcharge (LPS)
