Tuesday, July 5, 2022

Achievement: NCL hits 100 million tonne coal dispatch

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New Delhi: Northern Coalfields Limited (NCL) has crossed the 100 million tonne (MT) coal dispatch mark on January 22. This feat assumes significance considering the dependency of the Indian economy on coal, the steep rise in coal demand, and the ongoing COVID-19 pandemic situation. This spectacular achievement comes along with 16 percent y-o-y growth in coal dispatch. NCL has sent 100.38 MT of coal to its consumers till date.

On this achievement, NCL’s Chairman & Managing Director (CMD) Bhola Singh and Functional Directors have congratulated the team NCL on dispatching 100 MT coal 42 Days prior to its consumers than last year.

According to NCL, its coal supply to powerhouses also grew remarkably by 17 percent in this fiscal and has supplied 88.24 MT of coal. Moving beyond commitment, NCL has supplied 109 percent of its Anual Contract Quantity (ACQ) to power consumers.

In the FY 2021-22 NCL has produced 95.14 MT of coal posting positive growth over the last fiscal in spite of the COVID pandemic.

NCL is a Miniratna PSU excavating coal from its 10 opencast coal mines based out of Singrauli and Sonbhadra District of MP and UP respectively. The company is moving ahead towards sustainable mining and has taken vast initiatives like FMC projects, coal corridor and others.

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