Finance Minister Arun Jaitley did the honours in the presence of Jharkhand Chief Minister Raghubar Das, Power Minister Piyush Goyal and Minister of State of Civil Aviation Jayant Sinha.
The mine has an estimated mining capacity of 15 million tonnes per annum (mtpa) and has been allotted by the central government to NTPC as basket mine to meet the fuel shortfall of its power stations.
Coal mining is integral to NTPC's fuel security strategy, which believes that greater self-reliance on coal will go a long way in ensuring sustained growth of generation.
These mines carry total geological reserves of around 7.15 billion tonnes and have a production potential of 107 mtpa catering to requirements of 20,000 mw.
Pakri Barwadih has a block area of 46.26 sq km with a mine capcity of 15 mtpa.
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