On Saturday, state-run power giant NTPC reported an over 7 per cent decline in its consolidated net profit at Rs 3,417.67 crore for the September quarter (Q2), primarily due to higher expenses.
The consolidated net profit of NTPC remained at Rs 3,690.95 crore in Q2.

Total income increased to Rs 44,681.50 crore in the second quarter from Rs 33,095.67 crore in the year-ago period. Total expenses rose to Rs 40,000.99 crore in the second quarter of this fiscal from Rs 28,949.53 crore earlier. Average power tariff of the company during April to September this year was at Rs 4.77 per unit, compared to Rs 3.86 per unit in the same period in 2021.

Plant load factor (PLF) of coal-based thermal power plants jumped to 74.08 per cent in Q2 from 69.29 per cent. The imported coal supply increased to 5.58 MMT from 0.42 MMT in the same period a year ago. The domestic coal supply also rose to 48.72 MMT from 44.83 MMT.

Coal production from captive mines remained at 4.32 MMT as against 2.79 MMT a year ago. The total installed capacity of the NTPC Group (including JVs and subsidiaries) increased to 70,254 MW as on September 30, 2022.

Its gross power generation climbed to 85.48 billion units (BU) in the quarter from 77.42 BU in the same period a year ago.