India’s largest power generating company, NTPC or National Thermal Power Corporation has clocked 55 per cent growth in coal despatches along with 50 per cent expansion in output across all mines in FY24, as compared to last year. The company also recorded an all-time high annual electricity generation of 422 billion units in the fiscal gone by.
As per the company statement, the company despatched 24.15 million metric tonne (MMT) coal meanwhile the coal production stood at 34.88 MMT with a growth of around 50 percent by March 31, 2024.
To achieve sustained growth in coal production, NTPC has also implemented a range of strategies and technologies, the statement added. These include adoption of safety measures, improved mine planning, equipment automation, workforce training and the implementation of continuous monitoring, and analysis systems.
The company will further continue to explore innovative technologies and sustainable practices to further enhance its performance and support the nation’s energy goals, it stated.
