Praising the MaharatnaPSU's efforts, Power Minister Piyush Goyal, tweeted, “Proud to announce that NTPC has crossed 50,000 MW of installed power generation capacity today. Another milestone towards 24X7 power for all.”
According to a statement, with the commissioning...
of 500 MW unit at Unchahar in Uttar Pradesh, the total installed capacity of NTPC has increased to 50,498 MW.
In FY17, NTPC’s annual generation topped 250 BU (billion units). The company also commenced coal mining at Pakri Barwadih. Besides, the company commissioned the first high efficiency 800 MW unit at Kudgi and has steadily added to its renewable portfolio.
Ranked the third-largest power company in terms of coal-based power generation capacity, second in plant load factor, third in machine availability and seventh in terms of electricity generation, NTPC is among the top 20 coal-based power generating companies globally.
NTPC has 19 coal-based, seven gas-based, 10 solar PV, one hydro and nine subsidiaries/joint venture power stations.
The company has a capacity of over 21,000 MW under implementation at 23 locations across the country, including 4,300 MW being undertaken by joint ventures and subsidiary companies.
NTPC is India’s largest energy conglomerate with roots planted way back in 1975 to accelerate power development in India. Since then it has established itself as the dominant power major with presence in the entire value chain of the power generation business. From fossil fuels it has forayed into generating electricity via hydro, nuclear and renewable energy sources. This foray will play a major role in lowering its carbon footprint by reducing green house gas emissions. To strengthen its core business, the corporation has diversified into the fields of consultancy, power trading, training of power professionals, rural electrification, ash utilisation and coal mining as well.
NTPC became a Maharatna company in May 2010 and was ranked 400th in the ‘2016, Forbes Global 2000’ ranking of the world’s biggest companies.