NLCIL achieves record high capital spending of `7,111 crore in FY19

Update: 2019-05-31 17:28 GMT

New Delhi: During the last FY 2018-19 the company has successfully commissioned 404 MW of Solar Power Plants in Tamil Nadu & Andaman and increased its renewable footprint from 291 MW to 695 MW.

The Plant Load Factor (PLF) of Thermal Power Stations achieved 73.03 per cent and 70.52 per cent on standalone and consolidated basis respectively for the FY 2018-19 against the National Average Thermal PLF of 61.07 per cent.

The Power generation achieved 20,677 MU as against 20,741 MU in the corresponding previous FY. Out of the total power generation, renewable power accounted for 585 MU against 200 MU in the previous FY.

The Power export achieved 17,505 MU as against 17,419 MU in the corresponding previous FY.

The Lignite Sales increased by 55 per cent from Rs 372.57 crore to Rs 579.28 crore in the corresponding previous FY.

Power surrender has reduced from 3525 MU to 2872 MU

The total revenue for the FY 2018-19 is Rs.8059.27 crore as against Rs.9083.05 crore in the corresponding previous FY. The dip in revenue is mainly on account of reduction of lignite transfer price (Rs.420 crore), implementation of Ind As115 (Rs.658 crore) and non- applicability of clean energy cess (Rs.220 crore) in the current FY and having no impact on bottom line.

The profit for the year is Rs.1266.97 crore as against Rs.1848.78 crore in the corresponding previous FY. The dip in profit is mainly on account of lower plant availability, decrease in Lignite Stock and implementation of VRS.

The Company achieved highest ever CAPEX of Rs 7,111 crore during the FY 2018-19. 

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