Skip to main content

MoneyWorks4Me

NTPC seeks CMPDIL advice to surrender two coal blocks in Chhattisgarh

09 Aug 2017 Evaluate

National Thermal Power Corporation (NTPC) has sought the advice of Central Mine Planning and Design Institute (CMPDIL), a consultancy arm of Coal India, to surrender its two coal blocks as the mines were discovered to be economically and technically unviable. The Banai and Bhalumuda coal blocks in Chhattisgarh are adjacent to each other and facing difficulty in dumping of overburden as the area surrounding the blocks is coal bearing.

National Thermal Power Corporation (NTPC) is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

Peers
Company Name CMP
NTPC 323.50
Tata Power 355.50
Adani Power 195.00
Power Grid Corpn. 265.95
Adani Energy Solut. 1380.00
View more..