POWERGRID posts Profit After Tax (PAT) of ₹15,417 crore, Total Income ₹46,606 crore for FY23
On consolidated basis, company posted PAT of ₹ 15,417 crore and total income of ₹ 46,606 crore for FY23 registering a YoY growth of 11% and 9% respectively.
On consolidated basis, company posted PAT of ₹ 15,417 crore and total income of ₹ 46,606 crore for FY23 registering a YoY growth of 11% and 9% respectively.
In a statement, the ministry said the total outstanding dues of States which were at Rs 137,949 crore as on June 3, 2022, have been reduced by Rs 24,680 crore to Rs 113,269 crore with the timely payment of just four (4) EMIs. "For payment of EMI of Rs 24,680 crore, five States have taken a loan of Rs 16,812 crore from PFC and REC and eight States have opted to make their own arrangement," the ministry said in the statement.
NHPC Limited, India’s premier hydropower company has reported a 12% jump in standalone net profit.
The ministry of power has issued an amendment in the revised consolidated Guidelines and Standards for charging infrastructure for electric vehicles issued by the Ministry on January 14, 2022.
India's largest power producer NTPC recorded an output of 203.5 BU from April to September 2022 period, registering an increase of 15.1 per cent when compared with 176.8 BU recorded in the corresponding period of the last year, as per data released by the Ministry of Power.
Union Minister Jitendra Singh will lead the Joint Indian Ministerial official delegation of the Ministry of Power, New and Renewable Energy and Ministry of Science and Technology on a five-day visit to USA.
Union Minister for Power and MNRE, R.K. Singh, provided this information in a written reply in the Lok Sabha today.
The Ministry of Power has issued a stern warning to the sellers of coal and asked them not to hike the coal prices even if demand rises.
As per the guidelines for allocation of power, 15% of power from the Central Generating Stations (CGS) are kept under “unallocated power” which is allocated by the Central Government to the needy States to meet the requirement of power of the consumers.
NTPC may offer the normative declared capacity (DC) to the Delhi DISCOMS as per their allocations (from gas-based power plants) made to them under respective PPAs.
