NTPC seeks advice to surrender two coal mines in Chhattisgarh

NTPC seeks advice to surrender two coal mines in Chhattisgarh

New Delhi: State-owned NTPC has sought the advise of consultancy arm of Coal India, CMPDIL, to surrender its two coal blocks as the mines were discovered to be economically and technically unviable.

The Banai and Bhalumuda coal blocks in Chhattisgarh are adjacent to each other and facing difficulty in dumping of overburden as the area surrounding the blocks is coal bearing, an official said.

“It was informed to NTPC that if the blocks are found economically and technically unviable, then there is a provision in CBDPA (Coal Block Development and Production Agreement) to surrender the blocks after the exploration period is over… they (NTPC) are consulting CMPDIL for the same,” the official said.

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Credits : – ET Energy World

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