NTPC Mining Surpasses FY23 Coal Output in 257 Days
By Rediff Money Desk, NEWDELHI Dec 15, 2023 16:33
NTPC Mining has achieved a record coal output of 23.22 MMT in FY24, surpassing its FY23 output in just 257 days. This impressive achievement was driven by strategic initiatives and cutting-edge technologies.
New Delhi, Dec 15 (PTI) NTPC Mining has achieved coal output of 23.22 Million Metric Tonne (MMT) in FY24 so far, surpassing 23.20 MMT achieved in entire 2022-23 financial year.
The milestone was achieved in record 257 days, taking 108 less days than in FY23, recording year-on-year growth of 77 per cent in coal production and 88 per cent in dispatch.
NTPC Mining is a subsidiary of NTPC Ltd.
"NTPC Mining Ltd (NML) has surpassed the coal production in current fiscal FY24 by producing 23.223 MMT on 13 Dec 2023 compared to FY2022-23 that was 23.203 MMT," a company statement said.
Since December 2016, NML's cumulative coal production is more than 91 MMT from its four operational captive mines namely Pakri Barwadih & Chatti-Bariatu coal mines in Jharkhand, Dulanga mine in Odisha and Talaipalli mine in Chhattisgarh.
In its pursuit of sustained growth in coal production, NTPC has implemented a comprehensive range of strategies and cutting-edge technologies.
These include adoption of rigorous safety measures, improved mine planning, equipment automation, workforce training and implementation of continuous monitoring and analysis systems.
These initiatives have played a vital role in optimizing operations, enhancing productivity and ensuring safety of the workforce.
Ministry of Coal (MoC) recognized NML by signing Deed of Adherence between MoC, NTPC Ltd and NML on September 27, 2023, it stated.
The milestone was achieved in record 257 days, taking 108 less days than in FY23, recording year-on-year growth of 77 per cent in coal production and 88 per cent in dispatch.
NTPC Mining is a subsidiary of NTPC Ltd.
"NTPC Mining Ltd (NML) has surpassed the coal production in current fiscal FY24 by producing 23.223 MMT on 13 Dec 2023 compared to FY2022-23 that was 23.203 MMT," a company statement said.
Since December 2016, NML's cumulative coal production is more than 91 MMT from its four operational captive mines namely Pakri Barwadih & Chatti-Bariatu coal mines in Jharkhand, Dulanga mine in Odisha and Talaipalli mine in Chhattisgarh.
In its pursuit of sustained growth in coal production, NTPC has implemented a comprehensive range of strategies and cutting-edge technologies.
These include adoption of rigorous safety measures, improved mine planning, equipment automation, workforce training and implementation of continuous monitoring and analysis systems.
These initiatives have played a vital role in optimizing operations, enhancing productivity and ensuring safety of the workforce.
Ministry of Coal (MoC) recognized NML by signing Deed of Adherence between MoC, NTPC Ltd and NML on September 27, 2023, it stated.
Read More On:
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.63 (+ 5.00)
- 35881730
- Vodafone Idea L
- 8.27 ( -1.08)
- 30215069
- Home First Finance
- 1,062.30 (+ 0.93)
- 22461376
- G G Engineering
- 1.86 ( 0.00)
- 14172636
- Ola Electric Mobilit
- 91.46 (+ 4.62)
- 10535476
MORE NEWS
MahaRERA Recovers Rs 200 Cr from Realtors, More...
Maharashtra Real Estate Regulatory Authority (MahaRERA) has recovered over Rs 200 crore...
Ola Electric to Expand Store Network to 4,000...
Ola Electric plans to increase its store network to 4,000 by December 2024, expanding...
Housing Prices Surge 11% in 8 Cities, Delhi-NCR...
Indian housing market sees continued price growth, with Delhi-NCR leading at 32% in Q3...