Question : NTPC JOINT VENTURE WITH COAL COMPANIES



(a) whether the National Thermal Power Corporation Limited (NTPC) has entered into a joint venture with any coal companies to develop coal mines for its Farakka (West Bengal) and Kahalgaon (Bihar) thermal power projects; and

(b) if so, the details thereof and the share of NTPC and coal companies in the joint venture?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF POWER ( SHRI BHARATSINH SOLANKI )

(a) : Yes, Madam. NTPC has informed that they have entered into a Joint Venture Agreement (JVA) with Coal India Limited to develop coal mines at Brahmini & Chichro Patsimal Coal Blocks located in the State of Jharkhand. Coal from these blocks will be used for NTPC`s Farakka and Kahalgaon Expansion Projects.

(b) : JVA between CIL & NTPC signed on 12.10.2009.

The equity share of NTPC & CIL will be 50:50 in the JV Company.