NCL achieves 100 Million Tonnes Coal Dispatch

by Psu Connect
Date: 24-01-22

The Mini Ratna (Category-I) company reported a 17 percent growth in coal dispatch to powerhouses also more than 82 percent of coal was sent through eco-friendly mode.

NCL achieves 100 Million Tonnes Coal Dispatch

Singrauli: Northern Coalfields Limited (NCL) a wholly-owned subsidiary of Coal India Limited, under the Ministry of Coal, Government of India achieved the 100 Million Tonnes Coal Dispatch, a spectacular 16 percent growth on Saturday. According to NCL, "This feat assumes significance considering the dependency of the Indian economy on coal, the steep rise in coal demand, and the ongoing COVID pandemic situation".

This spectacular achievement comes along with 16% y-o-y growth in coal dispatch. NCL has sent 100.38 MT of coal to its consumers till date, it added.

The Mini Ratna (Category-I) company reported a 17 percent growth in coal dispatch to powerhouses also more than 82 percent of coal was sent through eco-friendly mode. NCL operates primarily on social upliftment, sustainable development, and environmental up-gradation.

CMD NCL Shri Bhola Singh & FDs have congratulated the Team NCL on dispatching 100 MT coal 42 Days prior to its consumers than last year’s.

Moving beyond commitment, NCL has supplied 109% of its Annual Contract Quantity( ACQ) to power consumers.

In the FY 2021-22 NCL has produced 95.14 MT of coal posting positive growth over the last fiscal in spite of the COVID pandemic.

Background:-

Northern Coalfields Limited (NCL) has produced 115.04 Million Tonnes (MT) coal i.e. 101.80% of the target in FY 2020-21 with 6.50% growth over last year. It was for the 3rd consecutive year when NCL surpassed the 100 MT milestone. NCL is one among the 3 subsidiaries of Coal India Limited to cross 100 MT in FY 2020-21.

According to the NCL, the coal production of the company is higher than the target. The proposed or actual production of previous years is more than the planned target. So the positivity rate of the upcoming year is higher.

NCL is a mini Ratna company of the Government of India excavating coal from its 10 Opencast coal mines based out of Singrauli and Sonbhadra District of MP and UP respectively. The company is moving ahead towards sustainable mining and has taken vast initiatives like FMC projects, Coal Corridor, and others.