NTPC, coal production doubled in the first quarter of this fiscal year

The state-owned power giant NTPC Ltd. said today that coal production from its captive mines increased by an astounding 99 percent during the first quarter of the current fiscal year (2023–24) compared to the same period in the prior fiscal year.

According to a statement from the company, Q1 FY24 saw an exceptional increase in coal production from Q1 FY23 of 4.27 MMT to 8.48 MMT. Additionally, it shipped 8.82 MT of coal during the quarter, an increase of 112% over the same time last year.

"NTPC has employed a variety of techniques and technologies to achieve sustained growth in coal production. These include the implementation of stringent safety regulations, better mine planning, equipment automation, personnel training, and ongoing monitoring and analysis systems, according to the statement.

The performance reflects NTPC's unwavering commitment to increasing coal production from captive mines and ensuring an efficient supply to meet the country's energy needs, according to NTPC. These initiatives have played a crucial role in optimising operations, enhancing productivity, and ensuring the safety of the workforce.

The company supplies over one-fourth of India's total power needs and is the largest integrated power utility in the nation. Its diversified array of power plants includes thermal, hydro, solar, and wind ones.