MUMBAI: NTPC Limited, a government of India enterprise, has officially commenced commercial operation of Pakri Barwadih Coal Mine, a notice issued to Bombay Stock Exchange (BSE) said on Monday.
NTPC has been allotted 10 coal blocks with geological reserve of over 7.3 billion tonnes and production potential of about 111 MMTPA (million metric tonnes per annum).
At present, NTPC is working on five coal blocks with total geological reserves of 3.8 billion tonnes and mining capacity of 56 MMTPA.
It may be mentioned here the NTPC will set a coal subsidiary. It would cover operations of its all coal mines and will be run like a coal company. It will have a culture of coal mining. This will help in recruiting professional and have a different cadre which would eventually help in their career progression.
NTPC is India’s largest power utility with an installed capacity of 54,326 MW, plans to become a 130 GW company by 2032. Established in 1975, NTPC aims to be the world’s largest and best power major.[the_ad id=”31605″]