The Business Bytes
TBB BUREAU
RANCHI, JULY 01, 2023
India’s leading integrated power producer NTPC Ltd. has reported a substantial growth of 99 per cent in coal production from its captive mines during the first quarter (Q1) of the current financial year (FY24), as compared to the corresponding period in the previous fiscal. The company achieved an impressive coal production of 8.48 million metric tonnes (MMT) during Q1FY24, as compared to 4.27 MMT in Q1FY23.
NTPC has also achieved a coal dispatch of 8.82 MMT in Q1FY24, marking a significant 112 per cent increase over the previous year for the same period. This outstanding performance reflects NTPC’s relentless commitment to enhancing coal production from its captive mines and ensuring efficient supply to meet the nation’s energy needs.
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. These initiatives have played a vital role in optimizing operations, enhancing productivity, and ensuring the safety of the workforce.
NTPC remains committed to delivering reliable and sustainable power to the nation. This remarkable growth in coal production and dispatch is a testament to NTPC’s dedication to operational excellence and its contribution to meeting India’s energy demands. The company will continue to explore innovative technologies and sustainable practices to further enhance its performance and support the nation’s energy goals.
NTPC Ltd. is India’s largest integrated power utility, contributing one-fourth of the power requirement of the country. With a diverse portfolio of thermal, hydro, solar, and wind power plants, NTPC is dedicated to delivering reliable, affordable, and sustainable electricity to the nation. The company is committed to adopting best practices, fostering innovation, and embracing clean energy technologies for a greener future.
