NTPC saving Rs 550 cr a month on coal rationalistion

NTPC saving Rs 550 cr a month on coal rationalistion

The National Thermal Power Corporation (NTPC) has achieved savings of approximately Rs

550 crore per month — on account of coal rationalisation and reduction in imports of fossil fuel, Parliament was informed today.

“NTPC has achieved saving of approximately 30 paise per unit (approximately Rs 550 crore/month) due to rationalization of coal linkage and reduction of imports,” Power and Coal Minister Piyush Goyal informed the Rajya Sabha.

The minister further said the government has taken various measures in order to ensure synergy between power and coal sectors. Further, due to various efficiency measures, including reduction in grade slippage, specific coal consumption (coal consumed per unit) in the first quarter of 2016-17 has come down by 2.9 per cent as against the same quarter in the revious fiscal, the minister said.

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