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NTPC declares commercial operation of 1st part Of Ettayapuram Solar PV project

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Capital Market
Last Updated : Dec 12 2022 | 10:31 AM IST

The state-run power major said that it declared commercial operation of first part capacity of 162.27 megawatt (MW) out of 230 MW Ettayapuram Solar PV project at Tamil Nadu.

In an exchange filing, NTPC said that the project was declared on commercial operation with effect from 12:00 hrs of 10 December 2022.

With this, standalone installed and commercial capacity of NTPC has become 57,801.27 MW, while group installed and commercial capacity of NTPC has become 70,416.27 MW, the company stated.

NTPC is India's largest energy conglomerate. It has presence in the entire value chain of the power generation business. As on 30 September 2022, the Government of India holds 51.10% in NTPC.

The company's consolidated net profit declined 7.2% to Rs 3,338.45 crore despite of 36.3% jump in revenue from operations to Rs 44,175.03 crore in Q2 FY23 over Q2 FY22.

Shares of NTPC shed 0.12% to Rs 169.20 on the BSE.

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First Published: Dec 12 2022 | 10:07 AM IST

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