(LiveMint)
India’s largest power generation utility NTPC Ltd recorded its highest ever quarterly generation in the three months ended 31 December, indicating a recovery in electricity demand.
“NTPC, the largest power generator of India, with installed capacity of 51,383MW (megawatt), has recorded its highest ever quarterly generation of 67,781MUs (million units) during Q3 of FY 2017-18 which is 10.39% more than the generation of 61,400MUs recorded during the corresponding period of last year,” the state-run utility said in a statement on Tuesday. The development assumes significance given that India’s largest power generator accounts for 16% or 51,635MW of the country’s installed power generation capacity of 331,117.58MW.
“There was an uptick in demand due to the cold weather and this is also an indicator that the economic pace is picking up,” said an NTPC executive, requesting anonymity.
