HomeNewsBusinessCompaniesExpecting pick-up in demand in Q3, Q4: NTPC

Expecting pick-up in demand in Q3, Q4: NTPC

For FY18, NTPC’s commissioning target is 5,438 megawatt (MW), Kulamani Biswal, Director-Finance at NTPC said.

November 20, 2017 / 12:05 IST
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NTPC delivered an operationally strong q2 given the robust capacity addition and commercialisation. An added fillip can come from the Central Electricity Regulatory Commission (CERC) hearing which is scheduled for tomorrow where the CERC can decide to give some relief with respect to the calculation of the gross calorific value. Analysts say that a favourable order can add 4-5 percent to NTPC’s earnings.

In an interview to CNBC-TV18, Kulamani Biswal, Director-Finance of the company spoke about what are the management’s expectations.

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Demand for power is increasing and it's a good thing, he said.

The company has registered a growth of over 7.35 percent in Q2. “We are expecting in Q3 and Q4 certainly demand will increase,” he added.