NTPC, the state-owned power giant, announced a bold new target: to achieve a coal production milestone of 40 million metric tonnes (MMT) from its captive mines for the fiscal year 2024-25. This ambitious goal represents a substantial 17 per cent year-on-year growth in captive coal production for the company, as highlighted in a recent statement by NTPC.
In its pursuit of this target, NTPC aims to meet over 15 per cent of its coal requirement through captive mines in FY25, significantly bolstering its fuel security. The company’s commitment to enhancing its coal production capabilities is evident in its achievement of a coal despatch of 34.15 MMT and a production figure of 34.38 MMT as of March 31, 2024.
To sustain this growth trajectory, the company has adopted a multifaceted approach, leveraging a variety of strategies and technologies. These include the implementation of stringent safety measures, enhanced mine planning, automation of equipment, comprehensive workforce training programs, and the deployment of advanced monitoring and analysis systems.
These proactive initiatives have not only optimized operational efficiency and productivity but also prioritized the safety and well-being of NTPC’s workforce. Looking ahead, the company remains committed to exploring and integrating innovative technologies and sustainable practices to further elevate its performance and contribute to the realization of the nation’s energy objectives.
NTPC Limited, formerly known as National Thermal Power Corporation Limited, is India’s largest power utility, contributing significantly to the country’s power generation sector. Established in 1975, NTPC is a public sector undertaking (PSU) under the Ministry of Power, Government of India. The company is engaged in the generation and sale of electricity, with a focus on thermal power production.
NTPC operates coal-based, gas-based, hydroelectric, and renewable energy projects across India, with a total installed capacity of over 66,000 MW. Known for its operational excellence, NTPC has consistently been ranked among the top power generators globally. The company is committed to sustainable growth and has undertaken several initiatives to reduce its carbon footprint and promote environmental stewardship.
