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NTPC steps up coal imports, seeks to avoid power crunch later this year

The New Delhi-based company is aiming to secure cargoes starting from April, when power consumption in India typically surges on summer cooling demand

coal supply, power, energy, mining
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Photo: Bloomberg

Rajesh Kumar Singh | Bloomberg
State-run NTPC has sought about 10 million tonnes of overseas coal since it issued its first international tender in two years in October, according to documents posted on its website. The reversal after years of supporting the government’s push to favour local producers underscores concern about a repeat of fuel shortages that triggered outages and power restrictions last year.
 
The New Delhi-based company is aiming to secure cargoes starting from April, when power consumption in India typically surges on summer cooling demand.
 
Indian power producers are returning to the seaborne coal market as they rebuild stockpiles after last year’s energy

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First Published: Jan 19 2022 | 10:58 PM IST

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