PSU NEWS
NCL registers 7 pcr growth in coal production and 5 pcr in coal dispatch
New Delhi: Northern Coalfields Limited (NCL), A subsidiary of Coal India Limited has produced 69.93 million tonnes of coal in the first eight months of current fiscal i.e. from April 2019 to November 2019 which is about 7% higher than 65.63 million tonnes of coal produced in the same period of last fiscal and is about 103% of the target set for the current financial year till the end of November.
Similarly, in the first eight months of the current financial year, NCL has despatched a total of 70.13 million tonnes of coal to all its coal consumers including powerhouses, which is about 5% higher than the coal despatched during the same period of last financial year. During the same period in the last fiscal, the company had despatched 66.61 million tonnes of coal to all its coal consumers.
The company’s coal supply to the powerhouses has also grown up by 5% till November of current fiscal. The company has supplied 57.69 million tonnes of coal to the powerhouses during the first eight months of the current financial year while it was 54.97 million tonnes during the same period of the last financial year.
Notably, NCL has been assigned the target of 106.25 million tonnes of coal production and coal despatch in the current financial year. In the last fiscal company entered in the club of 100 Million tonne coal-producing companies with 101.50 million tonnes of coal production and 101.60 million tonnes of coal dispatch.
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