Captive production to yield 56 mt of coal for country’s largest power generator
NTPC Ltd, the largest power generating company in India, is looking to start production at 5 of the 10 allocated captive mines in the current fiscal year (2017-18), which will take its total captive production to 56 million tons (mt), going forward.
Of these, Pakri Barwadih in Jharkhand has already started production, while production at Dulanga is expected to start this year, Kulamani Biswal, Director (Finance), NTPC, said while speaking on the sidelines of 11th Indian Coal Markets Conference organised by mjunction services limited.
Regarding the balance 3 mines, he said that for Kerandari, technical bids have been opened, which will be awarded this year, while those for Chatti-Bariatu and Talaipalli mines will also be awarded in FY17-18.
“Once production starts, these mines will take the annual captive production capacity to 56 mt,” Biswal said. At present, NTPC’s total coal requirement per annum is at 170 mt of which around 150 mt is supplied by Coal India. The power major is currently running at a plant load factor (PLF) of 78 percent against the industry average of about 60 percent.
“This year, captive production will be 3 mt. Going forward, in the next 5-6 years, our coal production will be over 50 mt and equivalent to any subsidiary of Coal India other than Mahanadi Coalfields (MCL) and South Eastern Coalfields (SECL),” Biswal said.
NTPC’s worldwide position is 12th and this year it aims to add another 5,000 MW and similar capacity will be added so far as commercial operation is concerned.
2 plants to retire
This story is from the September 2017 edition of Coal Insights.
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This story is from the September 2017 edition of Coal Insights.
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