NTPC power generation up 10% at 64.6 BUs in Q1

State-run power producer NTPC Ltd said on Thursday, it has recorded a 10% increase in power generation to 64.6 billion units (BUs) in April-June quarter compared to the year-ago period.

"Company recorded 10% increase in power generation in the first quarter of FY17 in comparison to the same period last year with an increase in generation from 58.70 BUs to 64.6 BUs," the company said in a press release.

According to the statement, NTPC group achieved generation increase of 11.65% during the period.

It further said electricity tariff billed by NTPC to the beneficiaries has also been reduced significantly despite increase in fuel prices.

NTPC said its efforts under UDAY (Ujwal DISCOM Assurance Yojna) have led to reduction in energy charges of coal stations benefiting the Discoms and the consumers.

NTPC has a total installed capacity of 47,178 MW through its 18 coal-based, 7 gas-based, 9 solar PV, one Hydro and 8 Subsidiaries / Joint Venture power stations.

The company has a capacity of over 24,000 MW under different phases of construction.