NTPC Ltd.

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NTPC to begin production from nine coal mines allocated in phased manner

Date: 23-09-2015

State-owned NTPC is all set to start production from nine coal mines allocated in a phased manner over the next two-three years. Of the nine mines, Pakri-Barwadih is in an advanced stage and the company has target to begin production from this mine this year.

NTPC was amongst the companies which had a few coal mines de-allocated after the Supreme Court’s ruling last September. However, in March, the company was reallocated five of its cancelled coal mines under the new regime as well as getting four more mines.

NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.