CIL’s maiden export set to bank on NTPC’s Bangladesh power project

Indian major Coal India Limited’s (CIL) hopes of marking its maiden entry into coal exports is banking on the country’s largest power producer NTPC Limited. NTPC Limited, the largest domestic customer of CIL, has signed an agreement to establish a thermal power plant in Bangladesh through a joint venture (JV), and the Indian miner is expecting the power company to source coal to feed the planned power plant in the neighbouring country, officials familiar with the development said.