Indian Power Producer May Become a Major Coal Operator

“NTPC plans to produce up to 300 million metric tons (mt) of coal within the next four to five years,” said Arup Roy Choudhury, CMD of NTPC. “As we expect more coal blocks coming to us, NTPC wants to be self-reliant in its coal requirements.” At present, the company meets 90% of its annual coal requirements of 160 million mt from Coal India Ltd. With a total power generation capacity of more than 43,000 MW, NTPC has 10 coal blocks with reserves of around 5 billion mt and production potential of 100 million mt of coal.