NTPC's Mining Output Reaches 34 Million Metric Tonnes

05 Apr 2024 CW Team

NTPC Limited, India's largest power utility, has achieved significant milestones in its mining operations, producing a record-breaking 34 million metric tonnes (MMT) of coal during the fiscal year 2023-24.

The robust performance of NTPC's mining division underscores the company's commitment to enhancing self-reliance in coal production and ensuring a steady supply of fuel for its power plants. NTPC's mining activities are vital for supporting the energy needs of the nation and reducing dependency on coal imports.

The increased coal production aligns with India's broader energy security objectives and efforts to reduce reliance on imported coal. By boosting domestic coal production, NTPC contributes to the country's energy self-sufficiency and strengthens its energy security framework.

NTPC's mining endeavours are guided by stringent safety standards and sustainable mining practices aimed at minimising environmental impact and ensuring worker welfare. The company prioritises adherence to regulatory requirements and employs advanced technologies to optimise mining operations and enhance productivity.

The achievement of producing 34 MMT of coal highlights NTPC's operational excellence and strategic focus on bolstering coal production capacity. It underscores the company's pivotal role in supporting India's energy transition and meeting the growing demand for electricity across the country.

Looking ahead, NTPC remains committed to further augmenting its coal mining capabilities and adopting innovative solutions to enhance efficiency, sustainability, and safety in its mining operations. The company's continued efforts in the mining sector are expected to contribute significantly to India's energy security and economic development agenda.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..