Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
According to the state-owned power giant NTPC, it has logged a 55% growth in coal despatch and nearly 50% expansion in output from its mines in 2023-24 compared to a year ago.
The company despatched 34.15 MMT coal, while coal production stood at 34.38 MMT with a growth of nearly 50% by the end of March 31, 2024, the company mentioned in a statement.
The NTPC Ltd has reported a substantial growth of 55% in coal despatch from its captive mines during FY24, as compared to the previous year, it said.
This performance reflects NTPC's relentless commitment to enhancing coal production from its captive mines and ensuring efficient supply to meet the nation's energy needs, it also stated.
To achieve sustained growth in coal production, the NTPC has implemented a range of strategies and technologies, the statement said, adding that these include the adoption of rigorous safety measures, improved mine planning, equipment automation, workforce training, and the implementation of continuous monitoring, and analysis systems.
The company will continue to explore innovative technologies and sustainable practices to further enhance its performance and support the nation's energy goals, it stated.
Also Read : GAIL aims to double capacity at its Dabhol LNG terminal Bharat Forge net profit soars over 220% YoY in Q3
The Supreme Court on February 5 reserved its judgment in an appeal by the Indian Oil Corporation Lim...
Large Corporate 05-Feb-2024
Tata Steel shares rose 2% at the outset on April 8, after the firm disclosed on April 5 that its Q4...
Large Corporate 16-May-2024
China's coal consumption will fall by just one-third by 2040, according to a report by a European co...
Energy 23-Apr-2024
Global scrap prices fluctuated under the influence of uncertain steel market prospects during the se...
Ferrous 27-Jun-2024
✅ Govt imposes import curbs to boost domestic steel production.✅ Higher tariffs & qu...
Business 24-Mar-2025
The Amara Raja Group's Amara Raja Infra Private Limited (ARIPL) has declared that it has entered the...
Mid Corporate 22-Apr-2024