FC recoveries of INR0.7b were largely driven by better availability at NTPCs plants, given production recovery at corresponding Coal Indias mines. On the other hand, the company had witnessed FC u/r of INR2.8b in the same quarter last year pertaining to Unchahar (which has now stabilized post the boiler blast) and the lack of coal availability at Kudgi and Mauda (non- NTPC booked late payment surcharge of INR4.2b (v/s INR0.9b in 3QFY19), given the change to accrual accounting and higher overdues amount. NTPC witnessed FC recoveries of ~INR0.7b as the availability factor for its plants The company noted that DIPAM has appointed a transaction advisor for the acquisition, while NTPC has appointed SBI Caps for the same. NTPC expects another ~5.2GW to be commercialized in PAF at NTPCs plants was impacted by coal production issues at Coal Indias mines (Talcher, Korba coal fields) in 1H.