NTPC Mining delivers stellar performance in Half Yearly of FY2024-25

New Delhi: NTPC Mining delivers stellar performance in H1(Half Yearly) of FY 2024-25 by producing over 19 Million Metric Tonnes (MMT) of coal registering YoY growth of 20% and has dispatched 19.7 MMT of coal to NTPC's power stations with a growth of around 16% compared to last financial year.

In spite of very heavy rainfall in Hazaribagh region of Jharkhand where majority of NTPC's operating coal mines are located, the company has recorded a production of 9.30 MMT in Q2 FY 24-25 viz-a-viz 7.45 MMT in Q2 FY 23-24 registering a YoY growth of 25% in production. On despatch front, NTPC mining has achieved a YoY growth of 14.5% in Q2 resulting in despatch of approx. 9.5 MMT coal to different power stations.

Join PSU Connect on WhatsApp now for quick updates! Click here

Read Also : 1337 railway stations to develop under Amrit Bharat Station Scheme in country: Govt

NTPC Coal Mining has consistently exceeded its production targets, reinforcing its position as a key player in the captive coal mining sector. Looking ahead, the annual production target for FY 2024-25 has been progressively increased to 40 MMT compared to last year's production target of 34 MMT and the mining team is committed towards its vision to continue the upward trajectory.

Read Also : Oil, Gas CPSEs set to exceed IEBR capex for fifth-straight year in FY25

Till date, NTPC Mining has produced more than 123 MMT and has dispatched more than 121 MMT of coal from its five operational captive coal mines namely Pakri Barwadih, Kerandari & Chatti Bariatu located in Jharkhand, Dulanga in Odisha and Talaipalli in Chhattisgarh ensuring fuel security for thermal power stations of NTPC which is lighting every 4 th bulb of the Nation.

NTPC Mining's strong performance demonstrates its resolve for Energy ' AtmaNirbharta ' aligned with the vision of ' Viksit Bharat' .

Read Also : Satish Jha takes charge as CMD at Eastern Coalfields Ltd