Published 16:03 IST, April 7th 2024
NTPC Aims High with 40 MMT Coal Production Target for FY25
As of March 31, 2024, NTPC has already made significant strides, with coal despatch reaching 34.15 MMT and production standing at 34.38 MMT.
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NTPC coal target: NTPC, state-owned power giant, has unveiled an ambitious target of producing 40 million metric tonnes (MMT) of coal from its captive mines in upcoming fiscal year 2024-25.
This marks a substantial 17 per cent year-on-year growth in captive coal production for company. With this target in sight, NTPC aims to fortify its fuel security and significantly reduce dependence on external coal sources.
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According to statement, achieving this milestone would mean meeting over 15 per cent of NTPC's coal requirement through its captive mines, reby enhancing self-sufficiency and reliability in fuel procurement.
As of March 31, 2024, NTPC has alrey me significant strides, with coal despatch reaching 34.15 MMT and production standing at 34.38 MMT. se figures underscore company's commitment to ramping up production to meet nation's escalating energy demands.
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To realise its ambitious goals, NTPC has implemented a multifaceted approach, encompassing rigorous safety protocols, enhanced mine planning, deployment of vanced equipment automation, and comprehensive workforce training initiatives.
Furrmore, company has embraced cutting-edge monitoring and analysis systems to optimize operations and boost productivity across its mining operations, ensuring both efficiency and safety.
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NTPC's proactive measures not only streamline operations but also underscore its dedication to prioritizing well-being of its workforce. company remains stefast in its commitment to exploring innovative technologies and sustainable practices to furr elevate its performance and contribute to India's energy security objectives.
As NTPC gears up to embark on this ambitious coal production journey for FY25, it signals an important moment in India's energy trajectory, with NTPC poised to le charge towards a more self-reliant and sustainable future.
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With PTI Inputs
13:37 IST, April 7th 2024