The Business Bytes
TBB BUREAU
RANCHI, MAY 6, 2023
Energy giant NTPC Ltd. and Central Mine Planning & Design Institute Limited (CMPDI) on Saturday signed a Memorandum of Understanding (MoU) for consultancy in mining services and training to mining personnel of coal mining projects of NTPC.
The MoU was signed by NTPC General Manager (Technical Services) Tarun Kumar Konar and CMPDI Head of Department (Business Development) Rajesh Kumar Amar in the presence of NTPC Regional Executive Director (Coal Mining) Partha Mazumder and CMPDI Chairman-cum-Managing Director Manoj Kumar.
Speaking on the occasion, NTPC RED (Coal Mining) Mazumder said that NTPC, with an installed capacity of over 72 GW, is steering ahead to be India’s largest integrated power company and targets to become a 130 GW firm with diversified fuel mix and a 600 BU company in terms of generation by 2032. The Coal Mining Division of NTPC is at present fueling NTPC’s thermal stations, partly, and is committed to grow to enhance its contribution towards NTPC’s fuel security, in the days to come. NTPC is enhancing the operations from its 4 coal producing mines i.e. Pakri Barwadih; Chatti Bariatu; Dulanga; and Talaipalli. NTPC has also started mining operations from Kerandari mine in this fiscal.
In FY 22-23, NTPC demonstrated a phenomenal year-on-year growth of 65 per cent with the coal production of 23.20 million metric tonnes as compared to 14.02 million metric tonnes in the previous fiscal, informed Mazumder, while adding that NTPC plans to achieve the scheduled peak rated capacity of its mines within the next five years, and further add-on other coal mines through participation in commercial coal auctions.
He informed that NTPC has incorporated a wholly-owned subsidiary named NTPC Mining Limited (NML) for carrying out its mining business by creating a dedicated workforce with a focused approach. This has opened the entire mining sector for business growth. This MoU will broaden the collaboration areas and shall provide the support and guidance for achieving the future coal production targets of NTPC/NML, said the NTPC RED (Coal Mining).
CMPDI CMD Manoj Kumar said that with a vast experience in exploration, resource evaluation, mine planning, infrastructure engineering, survey, environment management, etc., CMPDI will extend whole-hearted support to all the mines of NTPC and also contribute to competency building and skill enhancement by imparting training to the mining personnel of NTPC.
As wise men say that a journey of a thousand miles begins with a single step, NTPC coal mining has delivered against all odds, and moving ahead, NML will strive to remain true to its mission of providing reliably supply of coal, and other minerals related services in a sustainable manner, focusing on cost, quality, innovation, and agility.
