This article is more than 1 month old.

Despite Covid, receivables excellent this year: NHPC

Mini

Hydro-power saw a big hit owing to the second COVID wave. AK Singh, CMD at NHPC, assessed the damage and current demand scenario.

Hydro-power saw a big hit owing to the second COVID wave. AK Singh, CMD at NHPC, assessed the damage and current demand scenario.
Generation was not good in Himachal, Jammu and Kashmir and Uttarakhand region because of lack of rain after the month of October, he said.
However, the plant availability was good. “This time, we are now picking up and are touching 6,000 million units against a total of 27,500 million units for the year,” he shared.
“Now things are moving well since the rains started to pour in the last 10-15 days,” he mentioned.
Receivables have been excellent this year. “There are no issues now, the receivable part is fine too,” he said.
“We are waiting for good rain, our machines are available to generate the power,” he stated.
On capacity expansion plan, he further mentioned, “At present, we are doing six projects of 5,040 megawatt in total. Despite the COVID impact, things are moving well. Now the situation has eased out, construction can also take place.”
For the full interview, watch the accompanying video.

Market Movers

CompanyPriceChng%Chng
Titan Company1,845.90 74.35 4.20
Asian Paints3,043.05 69.00 2.32
Bharti Airtel575.20 10.05 1.78
Tata Motors302.10 5.25 1.77
Sun Pharma786.65 11.65 1.50
CompanyPriceChng%Chng
Titan Company1,845.25 75.00 4.24
Asian Paints3,043.50 72.60 2.44
Bharti Airtel575.25 10.20 1.81
Sun Pharma787.10 12.65 1.63
IndusInd Bank1,000.20 12.25 1.24
CompanyPriceChng%Chng
JSW Steel731.75 -14.95 -2.00
Grasim1,566.10 -25.55 -1.61
Tata Steel1,393.00 -17.05 -1.21
Hindalco440.70 -5.10 -1.14
ONGC115.80 -1.30 -1.11
CompanyPriceChng%Chng
Tata Steel1,393.20 -16.75 -1.19
Bajaj Auto3,823.10 -17.55 -0.46
HCL Tech1,032.20 -3.05 -0.29
ICICI Bank680.10 -1.45 -0.21
NTPC117.65 -0.15 -0.13

Currency

CompanyPriceChng%Chng
Dollar-Rupee74.3175-0.0225-0.03
Euro-Rupee88.28200.04600.05
Pound-Rupee103.26400.05300.05
Rupee-100 Yen0.68070.00080.12