NTPC says coal production doubled in first quarter of current financial year, ET EnergyWorld

New Delhi: State-owned power major NTPC Ltd today reported a whopping 99 per cent growth in coal production from its captive mines during the first quarter of the current financial year (2023-24), as compared to the corresponding period in the previous fiscal year.

The company said in a statement it has achieved an impressive coal production of 8.48 million tonnes (MT) during Q1 FY24, as compared to 4.27 MMT in Q1 FY23. It has also achieved coal despatch of 8.82 MT in the quarter, marking a 112 per cent increase over the previous year for the same period.

“To achieve sustained growth in coal production, NTPC has implemented a range of strategies and technologies. These include the adoption of rigorous safety measures, improved mine planning, equipment automation, workforce training, and the implementation of continuous monitoring and analysis systems,” the statement read.

NTPC said these initiatives have played a vital role in optimizing operations, enhancing productivity, and ensuring the safety of the workforce, and the performance reflects NTPC’s relentless commitment to enhancing coal production from captive mines and ensuring efficient supply to meet the nation’s energy needs.

The company is India’s largest integrated power utility and contributes around a fourth of the power requirement of the country. It has a diverse portfolio of thermal, hydro, solar, and wind power plants.

  • Published On Jul 1, 2023 at 04:48 PM IST

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