NTPC Mining delivers stellar performance in Half Yearly of FY2024-25
Till date, NTPC Mining has produced more than 123 MMT and has dispatched more than 121 MMT of coal from its five operational captive coal mines.
NTPC Mining delivers stellar performance in Half Yearly of FY2024-25
New Delhi: NTPC Mining delivers stellar performance in H1(Half Yearly) of FY 2024-25 by producing over 19 Million Metric Tonnes (MMT) of coal registering YoY growth of 20% and has dispatched 19.7 MMT of coal to NTPC's power stations with a growth of around 16% compared to last financial year.
In spite of very heavy rainfall in Hazaribagh region of Jharkhand where majority of NTPC's operating coal mines are located, the company has recorded a production of 9.30 MMT in Q2 FY 24-25 viz-a-viz 7.45 MMT in Q2 FY 23-24 registering a YoY growth of 25% in production. On despatch front, NTPC mining has achieved a YoY growth of 14.5% in Q2 resulting in despatch of approx. 9.5 MMT coal to different power stations.
Read Also : Coal India’s H1 FY25 contribution to government exchequer stood at Rs 28,930 crNTPC Coal Mining has consistently exceeded its production targets, reinforcing its position as a key player in the captive coal mining sector. Looking ahead, the annual production target for FY 2024-25 has been progressively increased to 40 MMT compared to last year's production target of 34 MMT and the mining team is committed towards its vision to continue the upward trajectory.
Read Also : LIC launches single-premium micro-term insurance for financial groupsTill date, NTPC Mining has produced more than 123 MMT and has dispatched more than 121 MMT of coal from its five operational captive coal mines namely Pakri Barwadih, Kerandari & Chatti Bariatu located in Jharkhand, Dulanga in Odisha and Talaipalli in Chhattisgarh ensuring fuel security for thermal power stations of NTPC which is lighting every 4 th bulb of the Nation.
NTPC Mining's strong performance demonstrates its resolve for Energy ' AtmaNirbharta ' aligned with the vision of ' Viksit Bharat' .
Read Also : Defence Minister inaugurates 75 Infrastructure projects built by BRO worth Rs 2,236 croreNews Must Read
- RBI approves Partha Pratim Sengupta as MD and CEO of Bandhan Bank
- Hindustan Aeronautics gets status of 14th 'Maharatna' PSU
- EIL and GAIL achieve major milestone
- Mahanadi Coalfields Places 289 Youths in Industry
- Power Grid Corporation secures Major Rajasthan Transmission System Project
- Mazagon Dock bags Rs 121.7-crore order in Maharashtra for AI-based projects
- Indian Navy signs MoU with Bajaj Alliance Life Insurance for providing insurance products
- Indian Railways to install Kavach 4.0 system in 10,000 Locomotives
- IREDA Board approves new unit for retail businesses like PM Kusum
- UPPCL Secures Approval for 500 MW Solar Power Procurement