The market clearing price saw a steep decline of 24 per cent on MoM (month-on-month) basis since average monthly price was Rs 3.70 in the month of April 2021
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The project, located in Sidhpur, is expected to be commissioned in 2022. Suzlon will execute the project with a scope of supply, foundation, erection and commissioning.
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The fewer economic activities also resulted in a fall of peak power demand in May 2020 to 166.22 GW from 182.53 GW in May 2019.
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The firm's consolidated net profit rose to Rs 205.43 crore as compared with Rs 175.71 crore in the 2019-20.
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Total income rose to Rs 10,222.48 crore in the quarter from Rs 6,793.95 crore in the same period a year ago.
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The Chenab Valley Power Projects Private Ltd has been formed at the initiative of Government of Jammu & Kashmir and Government of India to harness the vast hydro potential of river Chenab. T
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The total income of the company stood at Rs 1,691.19 crore in the March quarter compared to Rs 1,902.03 crore a year ago.
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Peak power demand met or the highest supply in a day touched the highest level of 182.55 GW and recorded a growth of nearly 38 per cent over 132.73 GW recorded in the same month in 2020.
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The Union power secretary on Monday wrote a letter to all chief secretaries of states and administrators of union territories in this regard
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NTPC aims to focus on carbon-free mobility solutions including EV charging, EV transportation/hydrogen FCEV transportation, and is also actively looking at power distribution, wasteto-energy, and consultancy business and increasing global footprint.
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