Coal news and updates

NTPC lost two years of progress in developing two major captive coal mines — Kerandari and Chattibariatu — due to the government's decision to de-allot and then re-allot the blocks, the state-run generation utility said on Tuesday.

 

Despite the adverse law and order situation prevailing at project sites, NTPC took all the timely action to develop these coal blocks and obtained all approvals and commenced disbursement compensation, the company said in response to the report, "NTPC coal mine delay on Govt radar" published in TOI on Tuesday.

 

The company said the allotted mines are linked to new projects and diversion of output to rescue stranded private power projects would jeopardize its future plans. The company has 22,000MW capacity under construction.

 

The fuel requirement of the company is expected to be over 250 million tonne per year by the end of 12th Plan and shall be met by the captive blocks which would also supplement supplies from Coal India.

 

Mining plans of the five existing coal blocks with production potential of 53 million tonne has been approved by coal ministry. However, NTPC has taken necessary action to increase the production potential of Pakri-Barwadih block from approved level of 15 million tonne to 25 million tonne per annum.

 

The company said for land acquisition, all the notifications were completed and NTPC obtained approval of relief plan from respective state governments and commenced disbursement of compensation and annuity.

 

 

Source: ToI