NTPC Ltd., India's leading integrated power utility has recorded a stellar performance with record coal production of 34.39 MMT till 31st March in FY24, surpassing the actual target of 34 MMT with a significant YoY growth of 48.21 %.
The company achieved an impressive coal dispatch of 34.15 MMT till 31st March ,2024 in FY24, with increase of 55.50 % YoY Growth. Further it achieved capex utilization of 1640 Crores which is 104.8 % of the target of 1565 Crores.
In addition, NTPC Coal mining achieved Highest ever single day coal production & dispatch of 1.8 LMT (on 30.03.2024) and 1.29 LMT (on 28.03.2024) respectively. Mine opening, production and dispatch commenced in this fiscal from its 5th Coal Mine i.e Kerendari Coal Mining project.
Dulanga CMP has achieved 5 Star rating from Ministry of Coal, and it has stood amongst the top 3 mines of the country for FY 2019-20.NTPC Mining Limited (NML) has received highest credit rating of AAA from CRISIL.
Till date, NTPC has produced about 103 + million metric tonnes (MMT) of coal from its five operational captive coal mines i.e Pakri Barwadih & Chatt-Bariatu Coal Mines in Jharkhand, Dulanga Coal Mine in Odisha and Talaipalli Coal Mine in Chhattisgarh. NTPC Mining Limited (NML) is targeting the coal production of 100 MMT per annum by year 2030.
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.
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, mine automation, workforce training and implementation of continuous monitoring and analysis systems.