India's NTPC targets sale of 8 billion units of electricity

A repeat of last year's figures.

NTPC Vidyut Vyapar Nigam is aspiring for this in selling close to eight billion units of electricity, same as the last fiscal, in 2012-13.

"Last (financial) year, we sold 8 billion units, this year we are hopeful we would touch 8 billion units," said Anil Kumar Agrawal, CEO of NVVN -- the power trading arm of state-run NTPC.

These units comprise electricity from various sources of energy, including solar, thermal and hydro.

"At present, the per unit price of power being sold by us is Rs 4 and it would remain so for some time," he told PTI.

The company, which had last year registered revenues of Rs 40 crore, expects to earn similar amount in this financial year as well.

"Last fiscal, our revenue was Rs 40 crore, hopefully it would be the same this year," he said, adding that the company has already sold 3.5 billion units from April till now.

For more.

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