NTPC records 55% growth in Coal Despatch
![NTPC records 55% growth in Coal Despatch](https://www.psuconnect.in/sdsdsd/NTPC_records_55_percent_growth_in_Coal_Despatch.jpg)
Mumbai: NTPC Ltd., India's leading integrated power utility, has reported a substantial growth of 55% in coal despatch from its captive mines during FY24, as compared to the previous year.
The company achieved an impressive coal despatch of 34.15 MMT and Coal production stood at 34.38 MMT with a growth of nearly 50% by the end of 31st March 2024.
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.
To achieve sustained growth in coal production, NTPC has implemented a range of strategies and technologies. These include the adoption of rigorous safety measures, improved mine planning, equipment automation, workforce training, and the implementation of continuous monitoring and analysis systems. These initiatives have played a vital role in optimizing operations, enhancing productivity, and ensuring the safety of the workforce.
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail deposits
NTPC remains committed to delivering reliable and sustainable power to the nation. This remarkable growth in coal production and despatch is a testament to NTPC's dedication to operational excellence and its contribution to meeting India's energy demands. The company will continue to explore innovative technologies and sustainable practices to further enhance its performance and support the nation's energy goals.
Read Also : India assumes the Chair of Asian Disaster Preparedness CentreNews Must Read
- Karnataka Bank Announced record Q1 Net Profit at Rs. 400.33 CR
- NTPC, BHEL shares soar higher amid JV announcement in Budget 2024
- BEL signs tripartite MoU for manufacture of indigenised ammunition
- Goa Shipyard Limited launched first indigenous P1135.6 Frigate
- Chandan Sinha appointed as Non-Executive Part Time Chairman of RBL Bank
- OIL and Dolphin Drilling signs contract for hiring of Blackford Dolphin
- Cmde D.K. Murali, IN (Retd.) Joins as CMD of BECIL
- Samir Chandra Saxena Appointed as Director (Market Operation) of GRID-INDIA
- MOIL CMD bags Title 'CEO of the Year'
- ONGC sign MoU with GSI to advance geothermal exploration in Ladakh