NTPC plans to issue coal import tender

NTPC Limited is planning to issue a tender for the import of 2.5 million tonnes of coal. The imported coal will be utilised at the company’s coastal power projects – Simhadri, Kudgi and Farakka. The imports are estimated to cost around Rs 13.72 billion at $80 per tonne of coal. NTPC had last imported coal three years ago as the domestic supply situation had eased. In a separate development, NTPC is planning to set up a coal mining subsidiary to handle its coal mining operations. The company has been allotted 10 coal blocks with geological reserves of over 7.3 billion tonnes and a production potential of about 111 million tonnes per annum (mtpa). Meanwhile, in order to utilise its gas-based generating stations as peaker plants, NTPC plans to operate four gas-based plants aggregating 2.3 GW of capacity during evening hours.

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