NTPC's captive coal mines production surges to 8.48 MMT in Apr-Jun
COAL & MINING

NTPC's captive coal mines production surges to 8.48 MMT in Apr-Jun

The production from captive coal mines of NTPC had nearly doubled in the first quarter of FY24, reaching 8.48 million metric tonne (MMT). The company mentioned in the statement that in Q1 FY23, they had produced 4.27 MMT coal from their captive mines. The statement further added that the despatch of coal from NTPC's mines had also more than doubled in Q1 FY24, increasing from 4.17 MMT in April-June FY23 to 8.82 MMT.

The company stated, "This exceptional performance is indicative of NTPC's unwavering commitment to augmenting coal production from its captive mines and ensuring efficient supply to meet the energy requirements of the nation."

In order to achieve continuous growth in coal production, NTPC has implemented various strategies and technologies. These measures include the adoption of stringent safety protocols, enhanced mine planning, automation of equipment, training of the workforce, and the implementation of continuous monitoring and analysis systems.

NTPC, which operates under the power ministry, holds the distinction of being India's largest integrated power utility, contributing one-fourth of the country's energy needs.

Also read:
Increased cost for Bengaluru-Mysuru Expressway travel from July 1
MoRTH invites bids for construction of bypass road in state of Odisha

The production from captive coal mines of NTPC had nearly doubled in the first quarter of FY24, reaching 8.48 million metric tonne (MMT). The company mentioned in the statement that in Q1 FY23, they had produced 4.27 MMT coal from their captive mines. The statement further added that the despatch of coal from NTPC's mines had also more than doubled in Q1 FY24, increasing from 4.17 MMT in April-June FY23 to 8.82 MMT. The company stated, This exceptional performance is indicative of NTPC's unwavering commitment to augmenting coal production from its captive mines and ensuring efficient supply to meet the energy requirements of the nation. In order to achieve continuous growth in coal production, NTPC has implemented various strategies and technologies. These measures include the adoption of stringent safety protocols, enhanced mine planning, automation of equipment, training of the workforce, and the implementation of continuous monitoring and analysis systems. NTPC, which operates under the power ministry, holds the distinction of being India's largest integrated power utility, contributing one-fourth of the country's energy needs. Also read: Increased cost for Bengaluru-Mysuru Expressway travel from July 1 MoRTH invites bids for construction of bypass road in state of Odisha

Next Story
Real Estate

Emaar to invest Rs 1,000 crore in Gurugram housing project

Emaar India, a prominent real estate developer, has announced a major new project in Gurugram, one of the most sought-after residential locations in the National Capital Region (NCR). The company is investing approximately Rs 1,000 crore in the development of a luxury housing project named ‘Amaris.’ The project, situated on Golf Course Extension Road in Gurugram’s Sector 62, will span over 6.2 acres and is expected to feature 522 high-end apartments, with a total development potential of 15 lakh square feet. This project, launched in response to the growing demand for premium residentia..

Next Story
Infrastructure Urban

Punjab-Haryana HC slams ED over IREO money laundering investigation

The Punjab and Haryana High Court criticised the Enforcement Directorate (ED) for conducting a ‘slipshod and unprofessional’ investigation into money laundering cases involving IREO and its functionaries. The court directed the ED's director to address the lapses in the probe. The court noted that the accused company's real estate assets were allowed to be disposed of without proper oversight. Justice Kuldeep Tiwari issued these directives after being informed of a November 6 order by a coordinate bench, in which Gulshan Babbar sought the cancellation of bail granted to IREO MD Lalit Goya..

Next Story
Infrastructure Urban

Capitaland to buy 40% stake in SC Capital Partners for $209.31 mn

Singapore's CapitaLand Investment announced that it plans to acquire a 40 per cent stake in SC Capital Partners Group (SCCP) for $280 million. Additionally, the company intends to invest at least $524 million in SCCP. The acquisition of the 40 per cent stake in SCCP, a Singapore-based real estate investment manager, is expected to increase CapitaLand's funds under management (FUM) by $11 billion. The company explained that this move would strengthen its presence in Japan, its key market, where 76 per cent of the additional $11 billion FUM is located. In its statement, CapitaLand emphasised t..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000