NPCIL reports an increase in generation and profits

12 April 2011

Provisional figures from Nuclear Power Corporation of India Ltd (NPCIL) show that electrical generation during FY2010/11 was 40% higher than in 2009/10. The company has also reported an increase in revenue and profits compared with the last financial year.

Indian nuclear power plants generated 26.5TWh of electricity in FY2010/11 compared with 18.8TWh during the same period last year, according to figures from NPCIL.

Figures also show that revenue from electricity sales rose 56% from Rs.3806 cr ($856 million) in 2009/10 to Rs.5951 cr ($1.3 billion) in the last financial year.

The company’s net profit in FY2010/11 was almost treble that of the previous year, rising from Rs.416 cr ($93 million) in FY2009/10 to Rs.1160 cr ($261 million).

The increases can be put down to the augmentation of fuel supplies resulting from international cooperation, the import of uranium for some of the pressurised heavy water reactors (PHWRs) and also an increased supply of uranium from domestic sources.

In October, NPCIL reported that generation from its nuclear power plants during April-September 2010 was 23% higher than for the corresponding period in 2009. It also said that a target of 32TWh of generation was being proposed for the FY2011/12.

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