NTPC to import 17 million metric tonnes of coal this fiscal

NEW DELHI.  NTPC plans to import 17 million metric tonnes of coal this fiscal which is higher than the quantity purchased last financial year. NTPC  also  plans to add 1,798 MW generation in the current financial year ending March 2015.

 

 

 

NTPC  CMD  Dr  Arup Roy Choudhury today said the total coal requirement is estimated to be 177 MMT for this fiscal.

 

 

 

"Out of this 147 MMT is expected against coal supply agreements and 3 MMT through bilateral MOU/E-auction. The gap of 27 MMT domestic coal is to be mitigated through 17 MMT of imported coal," he said while addressing the annual general meeting.

 

 

 

" Our  company is making best efforts to extract these reserves as soon as possible to augment generation," Choudhury said. BUSINESS STANDARD