NTPC sets 40 MMT coal production from captive mines this fiscal
By EPR Magazine Editorial April 8, 2024 1:59 pm IST
By EPR Magazine Editorial April 8, 2024 1:59 pm IST
Company aims for 17 percent growth, reinforcing fuel security and commitment to national energy needs.
NTPC, India’s leading integrated power company, has set a target of 40 Million Metric Tons (MMT) of coal production from its captive mines for the fiscal year FY’25. This ambitious target aims to achieve a significant growth of 17% in captive coal production compared to the previous fiscal year.
This target will fulfil over 15 percent of the coal requirement through captive mines in FY25, thereby strengthening fuel security for the power major.
By the end of March 31, 2024, the company had achieved an impressive coal dispatch of 34.15 MMT and coal production stood at 34.38 MMT.
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, including 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 optimising 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.
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