Coal news and updates

NTPC expects reasonable coal supplies from CIL

September 10: NTPC Ltd will require a total of 178 million tons (mt) of steam coal during financial year 2013-14 and expects to get sufficient quantities of domestic coal from Coal India Ltd (CIL), a top official said.

"In 2012-13, our actualisation of fuel from CIL was 146 mt. CIL expects to increase its supplies to 162 mt over the next four years, which is a very reasonable rate of growth. We are sure that CIL will definitely achieve this," NTPC's Chairman and Managing Director Arup Roy Choudhury said in Kolkata.

He said the company's coal requirements are estimated to rise to 218 mt per annum by the terminal year of the 12th Five-Year Plan (2016-17). "We have a comprehensive fool proof fuel procurement plant to meet this," he said.

There are also various other methods of procuring coal, like e-auctions etc, but NTPC has kept that component very little, he said, adding, The balance coal, to bridge the shortfall in demand and supply, will be met through imports, he said.

NTPC, at present, enjoys about 18% of the total installed capacity in the country at 4,1184 MW, but it accounted for about 27% of the total power generated in the country in 2012-13, he said.

"In the 12th Five-Year Plan, we envisage adding 14,038 MW capacity of which 4,170 MW has already been commissioned. The balance capacity is in advanced stages of construction," Roy Choudhury said.

"In the long-term, ie, by 2032, NTPC plans to become a 128,000 MW company in terms of installed capacity with 28% coming from non-fossil fuel sources such as renewable, hydro and nuclear," the CMD said.