Seeking to bolster its coal stocks, state-owned power generator NTPC Ltd has moved quickly and awarded a contract for transporting 1.3 million tonne (MT) of the 5 MT additional fuel offered by Coal India Ltd (CIL) to tide over supply crunch.
While the Fuel Supply Agreement (FSA) provides for coal transport by CIL from mine end to railway sidings and its loading on the wagons, NTPC was asked in the last week of October to arrange for transport of 5 MT of coal by itself from the pithead to loading facilities. Post that, an NTPC team visited various areas and surveyed the total coal offered to them, a senior NTPC executive said.
“In spite of so many odds, NTPC has already awarded contract for 1.3 MT and the process of award for the balance quantity is in progress in war footing wherever possible,” he said, adding that being a Public Sector Undertaking, NTPC has to follow proper procedure for awarding such contracts.
NTPC was offered coal recently after its stocks dipped sharply. It was offered 1.5 MT from Central Coalfields (CCL), 0.5 MT from Bharat Coking Coalfields (BCCL) and 0.5 MT from Northern Coalfields (NCL), among others. Read More