PSU NEWS
NTPC saves Rs 550cr per mth on coal rationalistion import control
New Delhi . NTPC has achieved savings of approximately 30 paise per unit -- approximately Rs 550 crore per month -- on account of coal rationalisation and reduction in imports of fossil fuel, Parliament was informed today.
"NTPC has achieved saving of approximately 30 paise per unit (approximately Rs 550 crore/month) due to rationalisation of coal linkage and reduction of imports," Power and Coal Minister Piyush Goyal informed the Rajya Sabha.
Further, due to various efficiency measures, including reduction in grade slippage, specific coal consumption (coal consumed per unit) in the first quarter of 2016-17 has come down by 2.9 per cent as against the same quarter in the previous fiscal, the minister said.
The minister further said the government has taken various measures in order to ensure synergy between power and coal sectors. Times of India
Read Also : Mahindra Finance hold up Board Meeting due to fraud detected
News Must Read
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms
- Northern Coalfields Limited CMD inspects Amlohri Area
- SCOPE organizes Public Sector Day celebrations
- IOCL Final Dividend Announcement Expected at April 30 Board Meeting
- Steel Cutting Ceremony of Indian Navy held at HSL Vishakapatnam