Failing to reach a consensus on joint sampling, Coal India has decided to engage the newly formed national laboratory Central Institute of Mining and Fuel Research (CIMFR), Dhanbad, for neutral
The Power Ministry will approach the newly formed Cabinet Committee on Investment (CCI) on the "contentious" coal quality issue between state-run NTPC and Coal India.
The Ministry has moved a
Credit Suisse upgrades NTPC Ltd to "outperform" from "neutral", saying valuations are attractive given recent concerns that have pushed down shares appear "overstated."
NTPC shares have fallen 10 percent so
The Coal Ministry has directed Coal India to continue supplying at least 50 per cent of fuel requirements to NTPC for the time being, even as CIL stopped supplies to
India's largest power producer NTPC has refused to sign fuel supply agreements with Coal India Ltd (CIL) as it feels the state-run firm was supplying inferior quality coal.
Country's largest power producer NTPC is planning a capital expenditure of Rs 20,200 crore in 2013-14 towards enhancing its generation capacity.
This amount earmarked is lesser than Rs 20,995 crore
Pitching for NTPC's proposed North Karanpura power project at its original site in Jharkhand, the Power Ministry has moved a draft Cabinet note seeking coal linkage for the plant, although
India's largest power producer, NTPC, wants to reduce its coal imports from 10 percent of its annual fuel requirement to keep production costs under check, its chairman said.
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