National Thermal Power Corporation’s 12,500 MW of projects may not be able to come up during the the 12th plan period (2012-17) if the on going coal supply issues are not resolved in near future.
As said by Mr. Arup Roy Choudhury, Chairman & MD, NTPC
"We would not be able to add at least 12,500 MW capacity by 2017 if the coal issue is not resolved in the next couple of months, because we are already in the 12th Plan. Now, we are rethinking on capacity addition for the next five years. If I am not getting coal, why should I spent money and set up capacity. Our capacity addition target for 12th Plan is around 65,000 MW. Out of that, there is about 1,300 MW hydro projects.
He said current coal sector issues are hurting the company.
To bridge the gap of fuel availability, NTPC may also import up to 14 million tonnes of coal in the current financial year.
Stressing that the country has enough coal reserves, he said that production should be ramped up.
Further, Choudhury pointed out that domestic coal cannot be priced equivalent to international coal.
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