New Delhi: Despite several challenges due to Coronavirus (COVID-19) Northern Coalfields Limited (NCL), a subsidiary of Coal India Limited has registered 2.2 percent growth in the coal production in the first five months of the current financial year (FY2020-21) against the same period of last financial year (FY2019-20). During the period NCL has produced 44.3 million tonnes (MT) of coal from April 2020 to August 2020 which is about 2.2 percent higher than 43.3 MT of coal produced in the same period of last fiscal.
The company's overburden removal has also grown by 20 percent y-o-y with 152.5 million cubic meters removed during this duration. Overburden is material above the coal layer which is to be removed for coal exposure.
Similarly, in the first five months of the current financial year, NCL has dispatched a total of 40.7 million tonnes of coal to all its consumers including powerhouses. During this period the company had dispatched 32.7 Million Tonnes of coal to powerhouses.
NCL has been entrusted with the responsibility of 113.25 MT of coal production and coal dispatch in the current financial year. NCL has also planned to offer 20 MT of coal earmarked as import substitution in 20-21 in an effort to make the country self-reliant.
NCL is a subsidiary of the largest coal producer of the world: Coal India Limited (CIL). NCL produces 15 percent of the total coal produced in the country and contributes 10 percent to the total electricity generation of the nation. The company, which is headquartered in Singrauli district of Madhya Pradesh, operates through its 10 highly mechanised opencast mines spread across Singrauli and Sonebhadra districts of Madhya Pradesh and Uttar Pradesh. The company is targeting 113.25 MT of coal production in the current financial year (FY2020-21).
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