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The Hindu
The Hindu
National
The Hindu Bureau

NLCIL sees 31% jump in profit, record output in past fiscal

The State-run NLCIL has posted a 31% jump in net profit in the fiscal closing on March 31, on the back of its capacity expansion, power purchase deals and record production volumes of coal and lignite and power generation over the past year, a press release said.

The public sector undertaking (PSU) listed, as among its performance highlights, the all-time high coal and lignite production of 36.32 MT, including a record coal production of 12.64 MT and despatch of 11.76 MT from Talabira Mine; the highest-ever lignite production of 2.10 MT from Barsingsar Mines and 5.59 MT of lignite production from Mine-IA.

The power generation front also saw unprecedented highs of 2,153.41 million units (MU) in Thermal Power Station (TPS) II and 1,692.05 MU in the Barsingsar thermal power facility.

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