Saturday, September 18,
NTPC Ltd plans to produce coal from its captive mine in Jharkhand by the next financial year.
“We have just got the environment clearance and we hope to produce coal from Pakri Barwadhi mine in 2011-12,” said the new Chairman and Managing Director, Mr Arup Roy Choudhury.
NTPC has exclusive exploration rights in five mines in the country and joint rights with state-owned counterpart Coal India Ltd (CIL) in two others in Jharkhand. NTPC aims to lock-in fuel supplies to feed its rising generation capacity, currently at 32,200 MW, which it expects to rise to 75,000 MW by 2017.
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