Coal India arm NCL supplies 87% of total coal to power producers in FY21
There was also about 14 per cent increment year-on-year in the average supply of coal rakes to upcountry consumers, the PSU said in a statement.
Northern Coalfields Ltd (NCL), the Singrauli-based miniratna company, surpassed its fiscal production milestone of 113 million tonne (MT) and produced 115.05 MT in 2020-21 with 6.47 per cent year-on-year growth.
The company has also surpassed its annual overburden removal (OBR) target of 370 million cubic metre, and removed a whopping 374.17 million cubic metres of overburden with a year-on-year growth of 15.76 per cent in the last fiscal year, it said.
Overburden is the material above coal seam that is required to be removed above coal layer for ready exposure. OBR is an important factor to determine a mining company’s output and growth.
On this achievement, NCL CMD Prabhat Kumar Sinha congratulated the team and said that even in the testing time of the pandemic, the company’s coal warriors have proven themselves with their unwavering commitment towards energy security of the nation.
The top management has expressed hope that the company will continue to ride the wave with the same synergy.
Promoting the sustainable and green mode of transportation, the company has supplied 12 per cent more coal using rail
