“Now that we broke the growth jinx in output and off-take, which were weighed down by the pandemic induced slowdown, we expect to better our performance in the ensuing months. We aim to reclaim as much of the lost ground as possible during the rest of the fiscal” said a senior official of the company, adding that the H2 performance is usually higher in terms of production and supplies.
NTPC’s growth in power generation
was 13.3 per cent in Q2, compared to the same period last year. During the first quarter, NTPC’s generation fell by 12.1 per cent over last year, mostly owing to the country-wide lockdown and bulk electricity buyers shutting shops.
While the country opens up after a lockdown to contain the coronavirus and industries resume operations, growth in power demand remains negative. The peak power demand growth in September, was lower by 1.33 per cent over last year. The negative growth has however narrowed down from lockdown months when it fell as much as 24 per cent in April.
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