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NTPC Targets 17% Rise in Coal Production for FY25

8 Apr 2024 , 12:53 PM

On Sunday, the National Thermal Power Corporation (NTPC) unveiled its ambitious plan to achieve a coal production target of 40 million metric tonnes (MMT) from its owned mines by the fiscal year 2024–2025. This target, outlined in an official statement by NTPC, aims to drive a significant 17% annual growth in captive coal output.

According to NTPC's announcement, the objective for FY25 is to achieve a coal production of 40 MMT from its owned mines, which will account for over 15% of the coal requirement for that fiscal year. This move is expected to enhance fuel security for the power giant.

As of March 31, 2024, the company had already produced 34.38 MMT of coal, with a coal dispatch of 34.15 MMT. To sustain and expand coal output consistently, NTPC has implemented various strategies and innovations. These include stringent safety regulations, improved mine planning, the adoption of automated machinery, employee training initiatives, and the implementation of continuous monitoring and analysis systems. According to the statement, these measures have played a pivotal role in streamlining processes, boosting output, and ensuring worker safety.

The corporation reiterated its commitment to exploring cutting-edge technologies and environmentally friendly methods to enhance operations and support the country in achieving its energy objectives.

Formerly known as National Thermal Power Corporation, NTPC Limited is a central PSU under the Ministry of Power, Government of India, engaged in electricity generation and related activities.

NTPC's headquarters are located in New Delhi, and its core function involves generating and distributing electricity to State Electricity Boards in India. 

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

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  • NTPC
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