Supply chain management is one of the most important factors when it comes to industry efficiency and profit booking. NTPC has achieved savings of approximately 30 paise per unit – approximately Rs 550 crore per month – on account of coal rationalisation and reduction in imports of fossil fuel.
“NTPC has achieved saving of approximately 30 paise per unit (approximately Rs 550 crore/month) due to rationalisation of coal linkage and reduction of imports,” Power and Coal Minister Piyush Goyal informed the Rajya Sabha.
Major factors that account for this reduction in tariffs are reduction in grade slippage, specific coal consumption (coal consumed per unit). In fact, the coal consumed per unit for the first quarter of 2016-17 has come down by 2.9 per cent as against the same quarter in the previous fiscal, the coal and power minister said.
The government has since taken various measures in order to ensure a constant supply to coal plants; ensuring operation of coal plants are maximum efficiency.
“The coal availability is regularly monitored at the highest level, resulting in increased supply of domestic coal. The blocks have been allotted to certain power utilities to improve domestic coal availability and 100 percent crushed coal is supplied from Coal India,” the coal minister added. You can take a look at the statistics below:
