India's leading integrated power producer NTPC Limited has nearly doubled coal production from its captive mines during the first quarter of the financial year 2023 - 2024, compared to the production during Q1 of the previous year.
In a statement yesterday, the company said, it achieved an impressive coal production of 8.48 million metric tonnes (MMT) during Q1 of FY24, compared to 4.27 MMT in Q1 of FY23.
In addition, coal despatch has more than doubled during Q1 of 2023 - 2024, relative to the first quarter of 2022 - 2023.
A total of 8.82 MMT of coal has been despatched in Q1 of FY24,
marking a significant 112 per cent increase over the previous year for the same period, the statement said.
NTPC Limited is India's largest integrated power utility, contributing 1/4th of the power requirement of the country.
With a diverse portfolio of thermal, hydro, solar, and wind power plants, NTPC is dedicated to delivering reliable, affordable, and sustainable electricity to the nation.
The company is committed to adopting best practices, fostering innovation, and embracing clean energy technologies for a greener future.