Business Daily from THE HINDU group of publications Sunday, Oct 15, 2006 ePaper |
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Outlook Industry & Economy - Coal NTPC to produce 50-mt coal by 2017 Our Bureau
New Delhi , Oct. 14 National Thermal Power Corporation Ltd (NTPC) plans to produce around 50 million tonnes of coal by the year 2017 to meet close to 25 per cent of its total coal requirement from its captive mines. NTPC, which has been allotted eight mining blocks, had recently bagged the Coal Ministry's approval for its production plan of 15 million tonnes per annum from its first block the Pakri Barwadih captive mine, the Chairman-cum-Managing Director, Mr T. Sankaralingam, said at a coal mining workshop here. The mining plan capacity from the block is the largest-ever approved by the Centre till date for the first phase of mining, an NTPC official said. Besides the Pakri Barwadih block, the company has bagged seven blocks, including two to be operated through a 50:50 joint venture with state-owned Coal India Ltd.
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