By IANS,
New Delhi : The country’s largest power generator, NTPC, Friday reported a 5.6 percent rise in net profits for the year ended March at Rs.8,660 crore, up from Rs.8,200 crore in the previous fiscal.
The company, which added 1,560 MW of power generation capacity in the last fiscal, plans to add 4,150 MW in the current fiscal, chairman R.S. Sharma said here.
Total new capacity under construction stood at 17,830 MW and the company has approved capital expenditure of Rs.22,350 crore for 2010-11.
“NTPC will soon sign a contract for the supply of 1.5 million cubic metres per day of natural gas from Reliance Industries,” Sharma said.
The company is planning to set up two coal-fired power stations in Kazakhstan, he added.
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