NTPC Q2 FY 2009-10

As regards gas stations, due to improved supply of gas there is a substantial improvementin Plant Load Factor from 58.20% to 76.89% for the quarter. This improvement in PLFin Q2 coupled with PLF in Q1 is reflected in improvement of H1 as well which has shotup from 62.68% to 78.37%. Improved gas supply has resulted from increased purchaseof gas on spot basis, fall back RLNG and also due to improvement in APM gas supply.In fact the gas stations have registered highest ever H1 PLF till date.PLF for coal station for the half year is marginally up by 0.08%. Due to plannedmaintenance schedule undertaken during the period, the PLF for coal stations in Q2 everyyear is generally lower. PLF of coal stations of NTPC is 82.42% for the quarter endedSeptember 2009 as against All India PLF of 72.21% in comparison to the quarter endedSeptember 2008 of 83.10% and All India of 70.20%. Plant Load Factor for gas stationfor quarter ended September 2009 was 76.89% as against 58.20% for the correspondingperiod.Similarly, for the half year period the Plant Load Lactor for gas station is 78.37% asagainst 62.68% in the corresponding half year of FY 2008-09. For the coal stations, theNTPC Plant Load Factor was 87.62% as against All India Plant Load Factor of 75.95%for the half year while for the corresponding period, it was 87.54% as against All IndiaPlant Load Factor of 73.94%.As far as the new CERC Regulations are concerned, the incentives have been linked toplant availability factor. Our Coal stations had achieved availability of more than 85%.For quarter ended September 2009 the AVF on bar for coal was 85.61% as against85.21% and for gas it is 91.88% as against 79.46%.Now I come to the financial performance.Our sales for the quarter ended September 2009 is Rs. 107.828 billion as against Rs.96.614 billion in the corresponding period registering an increase of 11.61%. Otherincome is Rs. 7.410 billion as against Rs. 7.448 billion. Total income recognized is Rs.115.238 billion as against Rs. 104.062 billion registering an increase of 10.74%.Similarly, for the half year our total income is Rs. 243.028 billion as against Rs. 206.629billion in the corresponding period registering an increase of 17.62%.Profit after tax for the quarter ended September 2009 is Rs. 21.520 billion as against Rs.21.105 billion in the corresponding period registering an increase of 1.96%. For the halfyear, PAT has increased to Rs. 43.456 billion as against Rs. 38.370 billion in thecorresponding period registering an increase of 13.25%.4