NTPC-CIL venture to get 7 coal blocks

National Thermal Power Corporation's (NTPC) joint venture with Coal India Ltd will be allocated seven coal blocks, the electricity generation major informed the stock exchanges.

The government has in principle decided to allocate coal blocks of Kerandari and Chatti Bariatu in North Karanpura, Chattrasal in Singrauli, Dulanga in IB Valley, Talaipalli, Brahmini and Chichro Patsimal. The seven coal blocks will have a combined capacity of 4,102 million tonnes (mt).

The decision will ensure provision of regular supplies of coal to its power units as it plans to expand electricity generation capacity, the ntpc today informed the stock exchanges.

However, no formal approval is available, it said. The public sector company promised to inform as soon as the same is available.