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Aug 08, 2012, 04.24 PM IST
In an interview with CNBC-TV18, ABL Srivastava, Director-Finance of NHPC said generation in Q1 has been 6,148 million units, which is a drop of 3% YoY. According to him, this year generation is at par due to the addition of a plant.
In the instance of a poor monsoon NHPC expects a marginal shortfall in generation units and the company is planning to add six more projects in FY13. NHPC's capex for the current fiscal has been planned at Rs 4,097 crore, informed Srivastava. Further, the company estimates 24,000 units of power generation during the fiscal year and hopes to maintain margins.
Here is the edited transcript of the interview on CNBC-TV18.
Q: Your sales has been pretty much tepid this time, down 3% odd, can you take us through how exactly generation panned out for you all this quarter? What would be the impact of the monsoon going forward?
A: The generation for the first quarter of this year has been 6148 million units as compared to the 6284 million units last year. There has been a drop of roughly 3% as compared to the corresponding period previous year.
Q: How does it pan out for the rest of the year since you have an additional problem now of a bad monsoon?
A: On overall basis we have been able to achieve last year's figure and as per the plans for the year, we have to roughly add 1000 million units from the new capacity. In case the monsoon situation does not improve, there is likely to be a marginal shortfall as compared to our commitments and new targets. No major shortfall is expected.
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