"NTPC Sets Target of 40 Million Metric Tons Coal Production for FY25"

State-owned power giant NTPC has announced its target of achieving a coal production of 40 million metric tonnes (MMT) from its captive mines for the fiscal year 2024-25, indicating a robust 17% year-on-year growth in captive coal production.

According to a statement released by the company on Sunday, this ambitious target aligns with NTPC's strategic objectives to bolster its coal production capacity and support the nation's energy demands.

As of March 31, 2024, NTPC has already recorded a coal despatch of 34.15 MMT, with production figures standing at 34.38 MMT, signaling a strong performance in this sector.

To facilitate sustained growth in coal production, NTPC has implemented a series of comprehensive strategies and adopted advanced technologies. These initiatives encompass a wide spectrum, including the adoption of stringent safety measures, enhanced mine planning methodologies, automation of equipment, continuous workforce training programs, and the implementation of sophisticated monitoring and analysis systems.

The company emphasizes that these proactive measures have played a pivotal role in streamlining operations, improving productivity, and prioritizing the safety of its workforce, ensuring a conducive and efficient working environment.

NTPC remains committed to furthering its performance by exploring innovative technologies and embracing sustainable practices. The company asserts its dedication to supporting the nation's energy objectives while striving for excellence in its operations.

HBL