NTPC opens Pakri-Barwadih coal mine project
The Dollar Business Bureau
State run power producer NTPC announced the takeoff of the Pakri-Barwadih coal mining project in Jharkhand. In a BSE filing, on Thursday, NTPC stated that the works for the Pakri-Barwadih coal mining project (Western pit) have begun. Earlier, the company had plans to begin production works at the coal block in 2015. However, the works for the project, which was stalled since 12 years, commenced in 2016.
In 2015, NTPC was re-allocated five coal blocks, which were previously cancelled by the apex court. The re-allotted mines were among the 204 coal blocks which were cancelled by the Supreme Court. Out of the five blocks, three are located in Jharkhand and remaining two in Chhattisgarh and Odisha.
Marking the highest addition to the capacity in the 12th five-year plan, NTPC added 9,639 MW capacity. NTPC aims to achieve a target of adding 11,900 MW capacity in the current plan period ending FY17. By 2032, the state run company aims to install power generation capacity of about 1,28,000 MW.
NTPC, which is a PSU under the Ministry of Power, Government of India, also aims to go global. It has inked a memorandum of agreement with Sri Lankan government and Ceylon Electricity Board to set up a 500 MW coal boased thermal power plant in Sri Lanka
to success.