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NTPC reaches over 100 MT coal production from captive mines

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Mid Corporate 27 Feb 2024 11:20 AM IST CNBC

On February 26, state-owned NTPC announced that its captive mines have produced 100 million tonnes (MT) of coal. According to NTPC, the milestone was reached on February 25, 2024.

"Coal mining subsidiary NTPC Mining Ltd (NML) has produced 100.04 MMT (Million Metric Tonne) of coal since coal production started in its first coal mine, Pakri Barwadih, on January 1, 2017," the company said. According to NTPC, the subsequent 50 MT coal output was only accomplished in 617 days, but the initial 50 MT coal production was accomplished in 1,995 days on June 19, 2022.

The company stated that NTPC's captive mines produce coal, which adds to fuel security and ensures an efficient supply. The Pakri Barwadih, Chatti Bariatu, and Kerandari coal mines in Jharkhand, the Dulanga coal mine in Odisha, and the Talaipalli coal mine in Chhattisgarh are the five functioning captive coal mines owned by NTPC Mining Ltd.

NML is targeting 100 MT coal production per annum by 2030. NTPC, under the Ministry of Power, is the country's largest power generation company.