Monday, March 15, 2010

NTPC To Burn 27 Per Cent More Coal This Year

India’s largest electricity generator, NTPC, has announced that it will burn 27 per cent more coal this year.

The company’s chairman, RS Sharma, said that the company, which supplies 20 per cent of India’s power generation capacity, will burn 160 million metric tonnes of coal in the fiscal year beginning 1 April 2010 – up from 126 million tonnes in the current year.

Coal imports may be as much as 14 million tonnes. The country’s junior power minister, Bharatsinh Solanki, told parliament last week that India may need to import as much as 47 million tonnes of thermal coal for its power plants next year.

NTPC is looking to add 4000 megawatts to meet the country’s soaring demand for power in the coming year.

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