NTPC to ratchet up coal production from captive mines

India’s largest power utility, NTPC, is aiming to source as much as 67% of its thermal coal requirement from captive mines within the next year. NTPC, which has been allocated ten coal blocks for captive mining, has already initiated a process of opening technical bids, awarding contracts and appointing mine developer operators for five of these blocks with the aim of bringing them into production by the end of the next financial year.