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NTPC suffers estimated production loss of 900,000 tonne of coal in September

09 Oct 2020 Evaluate

NTPC has suffered an estimated production loss of 900,000 tonne of coal in September as operations at the company’s Pakri-Barwadih mines were completely halted since September 1 due to local agitation. The agitation, which is driven by vested interests, has not only halted the mining operations but also stopped coal dispatch and infrastructure development activities like construction of mine end CHP and cross country conveyor.

The stoppage of mining and dispatch activities is also causing huge loss to the local economy, which is directly and indirectly dependent on one of India’s largest coal mines operated by NTPC.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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