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Government allocates Badam coal block to NTPC

11 Sep 2019 Evaluate

NTPC has been allocated Badam coal block in Jharkhand by Ministry of Coal following the acquisition of Barauni thermal plant. The Ministry of Coal has transferred the Badam coal block, located in Jharkhand, to the NTPC, on September 2, 2019. The Badam coal block was earlier allocated to Bihar State Power Generation Company (BSPGCL).

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 320.05
Tata Power 351.05
Adani Power 198.75
Power Grid Corpn. 256.65
Adani Energy Solut. 1347.30
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