NTPC set to tap captive mines

The company’s coal-based capacity is set to increase with the tapping of captive mines

GN Bureau | September 10, 2013



NTPC’s coal-based capacity is expected to rise to 52,000 MW by 2017 as it is all set to receive coal supplies from its captive mines. The move which comes after several delays will help the company improve its margins and address the issues of fuel shortage and procurement of good quality coal.

The company's Pakri-Barwadih captive coal block has reached an advanced stage and is expected to start operations by December with a production capacity of 3 million tonne per annum (mtpa).

“We will start getting the first installment of coal from our own mines by December, after which production from the remaining five mines would start flowing in phases,” a company official was quoted in the Financial Express.

After overcoming delays due to statutory hurdles, NTPC appointed the MDO and awarded major packages such as coal handling and construction of R&R colony and a substation yard at Banadag. However, the work at the site was stalled by MLA-led locals in February last year.

With reports of progress, production is expected to begin late in the year. The MDO has also been selected for the other coal blocks, like Chatti-Bariatu, while the process is on for the Kerandari block. The Talaipalli block is proposed to be developed jointly by Singrani Colleries and NTPC. In case of Dulanga, however, land issues need to be resolved.

“We have fast-tracked work on all of our captive blocks. We hope to increase production from them by 12 million tonne each year to reach 40 mt over the next four years, so that 25% of the company's fuel requirements are met through its own mines by 2017,” the official added.


 

Comments

 

Other News

‘World’s biggest festival of democracy’ begins

The much-awaited General Elections of 2024, billed as the world’s biggest festival of democracy, began on Friday with Phase 1 of polling in 102 Parliamentary Constituencies (the highest among all seven phases) in 21 States/ UTs and 92 Assembly Constituencies in the State Assembly Elections in Arunach

A sustainability warrior’s heartfelt stories of life’s fleeting moments

Fit In, Stand Out, Walk: Stories from a Pushed Away Hill By Shailini Sheth Amin Notion Press, Rs 399

What EU’s AI Act means for the world

The recent European Union (EU) policy on artificial intelligence (AI) will be a game-changer and likely to become the de-facto standard not only for the conduct of businesses but also for the way consumers think about AI tools. Governments across the globe have been grappling with the rapid rise of AI tool

Indian Railways celebrates 171 years of its pioneering journey

The Indian Railways is celebrating 171 glorious years of its existence. Going back in time, the first train in India (and Asia) ran between Mumbai and Thane on April 16, 1853. It was flagged off from Boribunder (where CSMT stands today). As the years passed, the Great Indian Peninsula Railway which ran the

Vasudhaiva Kutumbakam: How to connect businesses with people

7 Chakras of Management: Wisdom from Indic Scriptures By Ashutosh Garg Rupa Publications, 282 pages, Rs 595

ECI walks extra mile to reach out to elderly, PwD voters

In a path-breaking initiative, the Election Commission of India (ECI), for the first time in a Lok Sabha Election, has provided the facility of home voting for the elderly and Persons with Disabilities in the 2024 Lok Sabha elections. Voters above 85 years of age and Persons with Disabilities (PwDs) with 4

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter