NTPC targets 17% growth in coal production by FY25
On Sunday, National Thermal Power Corporation (NTPC) announced that it has established a 40 million metric tonnes (MMT) production target for coal production from its owned mines by 2024–2025. According to an NTPC statement, the ambitious goal will assist NTPC in achieving a notable 17% annual growth in captive coal output.
The announcement states that NTPC’s goal for FY25 is to produce 40 MMT of coal from its owned mines. Through captive mines, this will meet more than 15% of the coal requirement for FY25. It continued, bolstering fuel security for the power major.
