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Power giant NTPC’s mining arm surpasses 100mn tonnes coal production milestone

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Power giant NTPC’s mining arm surpasses 100mn tonnes coal production milestone

New Delhi, Feb 26 (IANS) Government-owned power giant NTPC’s coal-mining subsidiary NTPC Mining Ltd. (NML) has achieved a significant milestone by producing 100 million metric tonnes (MMT) of coal. The milestone was reached on February 25, 2024, marking a major achievement for the company since coal production began in 2017 at its first coal mine Pakri Barwadih.

NML accomplished the first 50 MMT of coal production in 1,995 days back on June 19, 2022. However, the subsidiary has now produced the next 50 MMT of coal in just 617 days, demonstrating remarkable efficiency in its operations. The company has set a target of achieving a coal production of 100 MMT per annum by the year 2030.

Currently, NTPC Mining Ltd. operates five captive coal mines located in Jharkhand, Odisha, and Chhattisgarh. These include Pakri Barwadih, Chatti Bariatu, Kerandari Coal Mines in Jharkhand, Dulanga Coal Mine in Odisha, and Talaipalli Coal Mine in Chhattisgarh, which are crucial for the company’s coal production targets.

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To sustain and enhance coal production, NTPC has implemented various strategies and technologies. These measures involve stringent safety protocols, enhanced mine planning, automation of equipment, training of the workforce, and the deployment of continuous monitoring and analysis systems to streamline operations and ensure efficiency.

The achievement of producing 100 MMT of coal by NTPC Mining Ltd. underscores the company’s commitment to meeting its coal production goals efficiently and contributing to the energy needs of the country. With a focus on technological advancements and operational excellence, NML is poised to continue its growth trajectory in the coal-mining sector.
–IANS
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IANS, established in 1986, is India's largest independent news service, offering 24x7 news from India and South Asia, and a preferred source for diverse content across six business verticals.

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Andrew D. Baglino Net Worth 2024: How Much is the Tesla Executive Worth?

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Andrew D. Baglino Net Worth 2024: How Much is the Tesla Executive Worth?

Who is Andrew D. Baglino?

Andrew D. Baglino is a prominent figure in the manufacturing industry, particularly renowned for his role as the Senior Vice President of Powertrain and Energy Engineering at Tesla Inc. Baglino’s journey to success began in 2006 when he joined Tesla as an electrical engineer. Over the years, he has made significant contributions to the company’s technological advancements, particularly in powertrain and energy engineering.

Andrew D. Baglino’s Career

Baglino’s career at Tesla has been marked by notable achievements and advancements. Starting as an electrical engineer, he worked on crucial projects such as motor control firmware and digital test equipment for the Tesla Roadster. His expertise led him to become the Director of Engineering for Tesla Energy, where he played a pivotal role in designing powertrain systems for Tesla vehicles. By 2019, Baglino assumed the position of Senior Vice President, overseeing powertrain and energy engineering operations at Tesla.

Andrew D. Baglino’s Net Worth

As of April 1st, 2024, Andrew D. Baglino’s estimated net worth stands at least $5.04 million. This estimation is based on his ownership of 31,230 shares of Tesla stock, valued at over $5 million. Additionally, Baglino earns a salary of $303,000.00 per year as the SVP of Tesla Inc. His net worth does not account for any other investments he may possess.

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Andrew D. Baglino’s Age

Andrew D. Baglino is currently 43 years old, making him a seasoned executive within Tesla’s leadership. His extensive experience and expertise contribute significantly to the company’s innovation and success in the manufacturing industry.

Andrew D. Baglino’s Family: Husband and Children

While specific details about Andrew D. Baglino’s family life are not widely available, it is known that he has been married for several years. His wife is described as being highly supportive, and together, they have built a life filled with happiness and fulfillment. However, details regarding his children are not publicly disclosed.

Andrew D. Baglino’s Height and Weight

Andrew D. Baglino stands at a height of 5 feet 6 inches and weighs approximately 84 kilograms. While physical attributes do not define his professional capabilities, this information provides insight into his profile.

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Also Read: Frédéric Arnault Net Worth 2024: How Much is the Former CEO of TAG Heuer Worth?

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Business

Microsoft Makes $1.5 Billion Investment in AI Company G42, Headquartered in the UAE

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Microsoft invests $1.5 billion in UAE-based AI company G42

Microsoft announced a $1.5 billion investment in UAE-based AI technology company G42 to establish a $1 billion fund for developers. The collaboration aims to bring Microsoft AI technologies and skilling initiatives to the UAE and other countries globally. Brad Smith, Vice Chair and President of Microsoft, will join the G42 Board of Directors.

H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of G42, expressed, “This partnership is a testament to the shared values and aspirations for progress, fostering greater cooperation and synergy globally.” G42 and Microsoft will bring advanced AI and digital infrastructure to countries in the Middle East, Central Asia, and Africa.

Smith shared, “We will work together not only in the UAE, but to bring AI and digital infrastructure and services to underserved nations.” The focus will be on combining world-class technology with world-leading standards for safe, trusted, and responsible AI, in coordination with the UAE and US governments.

The investment and partnership between Microsoft and G42 will drive innovation in AI technology and support developers globally. This collaboration highlights the commitment to advancing AI technologies for societal progress and enhancing digital infrastructure in underserved regions.

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Net Worth

Todd Nepola Net Worth 2024: How Much is the Real Estate Broker Worth?

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Todd Nepola Net Worth 2024: How Much is the Real Estate Broker Worth?

Who is Todd Nepola?

Todd Nepola, a prominent figure in the real estate industry, is known for his successful career and his marriage to Alexia Nepola, a star of ‘Real Housewives Of Miami’. With a background in investment banking, Todd ventured into real estate development and eventually founded Current Capital Group, focusing on commercial and residential properties.

Todd Nepola Career:

After graduating from the University of South Florida with a degree in economics and finance in 1994, Todd embarked on a career in investment banking. Over the years, he transitioned into real estate development and management, culminating in the establishment of Current Capital Group. Today, he serves as the president and founder of the company, overseeing its operations and contributing to its growth and success.

Todd Nepola Net Worth:

As of 2024, Todd Nepola’s estimated net worth stands at an impressive $20 million. His wealth primarily stems from his role as the president and founder of Current Capital Real Estate Group, which he has led since 2002. Through strategic acquisitions and developments, Todd has built a substantial portfolio, contributing significantly to his net worth.

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Todd Nepola Age:

Born in 1972, Todd Nepola is currently in his early fifties as of 2024. While his exact birthdate is not publicly disclosed, his age places him within the demographic of experienced professionals in the real estate industry.

Todd Nepola Family: Wife and Children:

Todd Nepola is married to Alexia Nepola, also known as Alexia Echevarria, a well-known personality from ‘Real Housewives Of Miami’. The couple tied the knot in December 2021, marking Todd’s second marriage. Alexia has two sons from her previous marriage, while Todd has two daughters from his previous relationship.

Todd Nepola Height and Weight:

While specific details about Todd Nepola’s height and weight are not readily available, photos suggest that he is notably taller than his wife, Alexia. As an individual who values fitness and physical well-being, Todd likely maintains a healthy lifestyle, although precise measurements are undisclosed.

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Also Read: Klaus Schwab Net Worth 2024: How Much is the Chairperson of the World Economic Forum Worth?

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