NTPC to import 16 million tonnes of coal to fuel its plants: Report

In a bid to bridge the shortfall of the fuel from the domestic sources, India’s NTPC is reportedly planning to import 16 million tonnes of coal in FY13 as against 12 million tonnes imported in FY12. The country’s largest power producer has decided to import the coal, rather than depending on designated trading agencies, to fuel its plants without any delays. Further, the country’s prominent power producer has placed orders for 9 million tonnes of coal.

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