India’s largest power generator NTPC on Friday reported its highest-ever annual power generation of 399 billion units in FY23 as a group, an increase of about 11% over 361 BU in FY22, as per a statement by the company.
NTPC, having installed capacity of 72,304 MW, recorded a 5.62% rise in its standalone net profit for FY23 to Rs 17,197 crore as against Rs 16,282 crore in FY22. Its total income shot up 34% y-o-y to Rs 1,67,724 crore in FY23.
On a standalone basis, NTPC’s gross generation of power in FY23 was 344 BU as compared to 310 BU in the previous year, an increase of about 11%.
