India's NTPC to mine 2 Mt coal in FY 2017-18 from first coal block Company,  International 2016-12-12 08:47:00

India's National Thermal Power Corporation (NTPC), its largest electricity generator, plans to mine 2 million tonnes of coal in the fiscal year 2017-18 (April-March) from its first coal mine Pakri Barwadih in the eastern state of Jharkhand, a company source said on December 9.

NTPC reached seam-III in the Pakri Barwadih mine earlier after removing 700,000 cubic meters of overburden or waste material, and coal production will commence shortly, the source was cited by Platts as saying, adding it can be supplied to any of the company's power plants.

This is a major step in building a reliable fuel supply chain for the company, which has stopped buying imported thermal coal for blending with domestic coal because the quality of the domestic material has improved.

Coal production from Pakri Barwadih will increase gradually to reach 4 million tonnes in the 2018-19 fiscal year, the NTPC source said.

The state-run company plans to add around 4,000 MW of coal-based power generation capacity this year, then around 2,000 MW each year for several years, the source said.

NTPC currently has around 40,000 MW of coal-based installed capacity and is in the advanced stages of awarding contracts for the appointment of an operator for two other Indian coal mines.

The government has allocated 10 mines to NTPC with an estimated total coal reserves of 7.3 billion tonnes and mining capacity of 107 million tonnes per year.

(Writing by Evie Feng  Editing by Harry Huo)
For any questions, please contact us by or +86-351-7219322.

Share this article
Connect with us

Editor's Pick

1 Power shortage results in outages in China's manufacturing hub? 2023-06-08

Residents in China's top manufacturing city of Shenzhen were concerned over power supply shortage after seeing occasional night blackouts in some districts recently. Shenzhen Power Supply

2 Huanghua tops national ports in Jan-May coal handling volume 2023-06-08

Guoneng Huanghua port saw its accumulative coal unloading volume reach 82.95 million tonnes and coal loading 84.14 million tonnes during January-May, both hitting the highest among other ports in Chin

3 SAIL plans long-term coking coal contracts with Australia, Russia, US and Canada 2023-06-08

Steel Authority of India Ltd (SAIL) is giving consideration to sign long-term coking coal contracts with Australia and Russia and discussion to increase coking coal supply from other sources such as t

4 China met coal market in figures (Jun 8) 2023-06-08

China coking coal, met coke and steel market key figures in focus.

5 China thermal coal market in figures (Jun 8) 2023-06-08

China thermal coal market key figures in focus. The latest data for thermal coal prices, stocks, shipments in major production areas, transfer ports and most followed downstream sector data.

6 China's portside thermal coal market remains resilient, concerns over sustainability looms 2023-06-07

China's domestic thermal coal market kept the upswing on June 7 although many insiders were skeptical about the sustainability as buyers shunned high-priced cargoes. During the ses

7 China's thermal coal pithead prices rebound after portside pickups 2023-06-07

Thermal coal prices rebounded 5-20 yuan/t at China's main production areas following the pickup of spot prices at northern ports. It was learned that some traders in Shanxi

8 China's coking coal prices rangebound; online auction prices mixed 2023-06-07

China's coking coal prices were largely unchanged on June 7, with a regional supply shrink outweighing the fact that demand did not experience a significant improvement despite the increase in steel p

9 Indian state ports' coal imports hit record high in May 2023-06-07

Coal imports through India's 12 state-run ports hit a new high in May since April 2015, with year-on-year growth surpassing 25%, official data showed. The 12 ports imported a total of 17.

10 China Jan-May steel product exports up 40.9% YoY, GAC 2023-06-07

China exported 36.67 million tonnes of steel products during January-May, surging 40.9% compared with the preceding year, according to data released by the General Administration of Customs on June 7.

Most Read Articles

1 Indonesian, Australian thermal coal prices pick up after Chinese market rebound 2023-06-06

Indonesian and Australian thermal coal prices eventually bottomed out after weeks of falling in the wake of a rebound in China's domestic market, and a rise in natural gas prices also stoked the posit

2 Indonesian thermal coal prices drop to vie with Chinese domestic coal 2023-06-02

Indonesian thermal coal prices moved lower to win over Chinese buyers from competition with Chinese domestic coal, whose prices have been falling rapidly in recent two weeks, traders noted.

3 China's portside thermal coal price decline slows after falling below contract limit 2023-06-02

Declines decelerated in China's spot thermal coal market after benchmark prices fell below the upper limit of medium- and long-term contract price range. On June 2, benchmark 5,500 Kcal/k

4 Bangladesh faces possible two-week power outage due to fuel shortage 2023-06-06

Bangladesh's power situation may continue to deteriorate for another two weeks as local power plants face a shortage of fuel due to increased electricity consumption driven by rising temperatures, acc

5 Asia's largest coal-linked carbon capture project commences operation 2023-06-02

China Energy Investment Corporation has started operations at Asia's largest coal plant-wise carbon capture and utilization storage (CCUS) project. After days of running at full ca

6 Russia's Apr coal output rises for 3rd straight month 2023-06-02

Russia's coal production rose for the third consecutive month in April, according to data from the Russian Federal State Statistics Service. The country's coal output reached 36.7 million

7 China's portside thermal coal prices bottom out amid fresh demand 2023-06-05

China's portside thermal coal prices rebounded earlier than expected at the start of the week, thanks to increased demand from utilities seeking prompt cargoes amid rising temperatures in the southern

8 Weekly global coal market news summary (May 29-Jun 2) 2023-06-02

Turkey Apr coal imports fall to 11-mth low, yet up 17.7% YoY Turkey's coal imports in April rose 17.74% on the year but dropped 39.14% on the month, marking the lowest level since June 2022,

9 Guangdong Electric Power: imported coal accounts for about 50% by end-Apr 2023 2023-06-02

Guangdong Electric Power Development Co., Ltd, one of the major power producers in China, said imported coal accounted for approximately 50% of its coal supply as of the end of April 2023.

10 Listed power cos likely to adjust coal purchase amid spot price decline 2023-06-02

Jinneng Holding Shanxi Electric Power Co., Ltd., a Shenzhen-listed power utility in Shanxi, said it may optimize the share of long-term contract coal as the spot prices continue to move down.