NTPC celebrates its 49th Raising Day with enthusiasm and gaiety
New Delhi: NTPC Coal Mining Headquarters, Ranchi, celebrated the 49th NTPC Raising Day with great enthusiasm and gaiety. Chief Guest for the occasion, Shri T K Konar, General Manager(Technical Services), unfurled the NTPC flag in august presence of HODs, employees and awardees. On the occasion, Shri Konar congratulated the employees for completing 48 years of NTPC journey in power generation.
Speaking on the occasion, Shri Konar said that we feel proud to be a part of India’s largest energy conglomerate, which has played a critical role in catering to the energy needs of a growth-oriented country like India.Read Also : Indian Govt signs USD 175 million loan agreement with ADB
He said , NTPC installed capacity has risen to 73874 MW. NTPC Group recorded the highest ever annual generation of 399 Billion Units in FY23 as compared to 361 Billion Units in FY22, an increase of 11%.
NTPC Coal stations achieved a Plant Load Factor(PLF) of 75.90% as against the National Average of 64.21% during FY23.
Speaking on NTPC Coal Mining Shri Konar said that a substantial growth of 86% in coal production from its captive mines till 31st Oct in FY 2023-24 was registered, as compared to the corresponding period in the previous year. The company achieved an impressive coal production of 19.117 million metric tonnes (MMT) till Oct FY24, as compared to 10.282 MMT in the same period of the previous year.
In addition, NTPC has also achieved a coal despatch of 20.225 MMT till 31st Oct 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.
Shri Konar expressed his gratitude to the management for their support and congratulated the entire coal mining team for this feat.
He further added NTPC has incorporated its 100% wholly owned subsidiary, NTPC Mining Limited (NML) for developing the focussed mining competency by creating a dedicated business.Read Also : Power Grid Shines Again; Honors for Flagship Project
The Business Transfer Agreement (BTA) was executed on 17th Aug’23 between NTPC Ltd and NML. The Deed of Adherence (DOA) was signed by the Ministry of Coal (MOC), NTPC, and NML on 27th Sept’23 paving the way for transfer of Coal mines. Recently NML Bagged its first commercial coal mine - North Dhadu (East) Coal Block .
He thanked the coal mining team for ensuring continuous and premium quality coal supply to the power plants of NTPC. On the occasion to celebrate the special day, winners of various competitions like Vigilance Week and Hindi Pakhwada were felicitated.Read Also : Naval Exercise Prasthan at ONGC’s R 12A Ratna Platform
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