NTPC approves Rs 3k crore investment for coal mining project

The board of NTPC has approved investment of Rs 3,004 crore for Talaipalli Coal Mining Project which has an estimated 18 million tonnes per annum capacity in Chhattisgarh.

In a statement, the state-owned company said, “In line with the Corporate Disclosure requirements, we wish to inform that the Board of Directors of the Company has accorded investment approval for Talaipalli Coal Mining Project (18 Million Tonnes per annum) at an appraised current estimated cost of Rs 3,004 crore.”

The statement said coal mining is integral to NTPC’s fuel security strategies. NTPC realises that greater self reliance on coal will go a long way in ensuring the sustained growth of power generation.

NTPC has been allotted coal blocks namely, Pakri-Barwadih, Chatti-Bariatu, Kerandari, Dulanga, Talaipalli and Chatti-Bariatu (South), Banai, Bhalumunda and Mandakini B.

Image Credit : images.financialexpress.com

Research Desk

Next Post

BEML bags Rs 1,421 crore contract from Bangalore Metro

Fri Mar 31 , 2017
BEML has announced securing a Rs 1,421-crore contract from Bangalore Metro Rail Corporation (BMRCL). The contract is for supply of metro cars. In a filing to the BSE, the company said, “BEML Ltd…has bagged a prestigious order of Rs 1,421 crore from Bangalore Metro Rail Corporation for supply of 150 […]
BEML bags Rs 1,421 crore contract from Bangalore Metro

Categories

Blog Stats