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NTPC's Oct coal prodn from captive mines soars 86% YoY
Coal prodn
Image Credit: UNI

NTPC's Oct coal prodn from captive mines soars 86% YoY

| @indiablooms | 02 Nov 2023, 11:52 pm

New Delhi: State-run power major NTPC on Thursday reported a substantial 86% year-on-year growth in coal production from its captive mines in April-October period of 2023-24.

The company achieved an impressive coal production of 19.117 million metric tonnes (MMT) till October in FY24 as compared to 10.282 MMT in the same period of the previous year.

"In addition, NTPC has also achieved a coal dispatch of 20.225 MMT till 31st October in FY 2023-24, marking a significant 94% 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," the company said in a statement.

The company said that it has implemented a range of strategies and technologies to achieve sustained growth in coal production, 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 optimizing operations, enhancing productivity, and ensuring the safety of the workforce," the power major said.

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