Financial Daily from THE HINDU group of publications
Tuesday, Feb 28, 2006


Group Sites

Corporate - Alliances & Joint Ventures
Industry & Economy - Coal

NTPC plans joint venture with Coal India

Our Bureau

Kolkata , Feb. 27

National Thermal Power Corporation (NTPC) proposes to set up a 50:50 joint venture coal company with Coal India Ltd (CIL), to develop new coal mines for exclusively meeting the corporation's additional coal requirement at its thermal power projects in the eastern region.

To begin with, two virgin blocks such as Brahmani and Chichro Patrimal would be developed.

Disclosing this to newspersons, the Union Power Minister, Mr Sushilkumar Shinde, said that his Ministry had allowed NTPC to take up a 4,000 MW capacity greenfield mega thermal power project at Lara in Chhattisgarh.

In fact, the corporation's generation capacity in the eastern region would be augmented in order to ensure the increased power supply by NTPC from this region to other power deficit States.

Mr Shinde on Sunday laid the foundation stone of a 500 MW capacity unit of NTPC's Farakka Supper Thermal Power Station. This came under Stage-III phase of the station, which is currently operating with three 220 MW capacity units and two units each with a 500 MW capacity. He said that Farakka's expansion programme had been sanctioned following assurance of adequate of coal and water by respective authorities.

More Stories on : Alliances & Joint Ventures | Coal | Power

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
BHPV bags Rs 96-cr HPCL order

Madhucon bags NHAI project
Gas supply issue: Meet today to resolve deadlock
Chiefs of Panna-Mukta venture partners, GAIL to participate

Tatas blame Birlas on Idea issue
Write to Telecom Dept again

High credit rating for ONGC bonds
Sanmar group plans to shed more stake in India Cements
LML may go in for tie-up
Spentex buys 50 lakh shares of Amit Spng
Lupin divests stake in Thai arm
Praj in pact with Aker Kvaerner
To pursue bio-ethanol projects in Europe

NTPC plans joint venture with Coal India
FDA nod for Wockhardt's Ranitidine
Sethu canal: Dredging Corp may get more blocks

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line