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Corporate
NTPC, Coal India sign jt venture pact

MUMBAI: National Thermal Power Corporation Ltd (NTPC) has informed the BSE that a it has signed a joint venture agreement with Coal India Ltd. for forming a joint venture company with equal equity participation for development of Brahmini & Chichro Patsi mal coal mine blocks.

The coal from these mines would be supplied to Farakka and Kahalgaon expansion projects of NTPC. After meeting the coal requirements of Farakka and Kahalgaon expansion projects, the proposed joint venture company will also consider implementation of inte grated thermal power plant, if found feasible.

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