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NTPC’s Farakka plant has received green panel approval for coal supply

The state-run NTPC has received an Environment Ministry panel’s approval for transporting imported coal to its Farakka Thermal Power Plant in West Bengal through national waterways for another 6 months till January 2017.

The NTPC, in July 2014, was given a temporary permission to transport imported coal, up to 1.5 million tonnes per annum (MTPA), for one year, later it had been extended for one more year till June 2016 with a condition that the company will submit a detailed study to the ministry.

However, NTPC sought further extension saying the study is underway and it would require another six months for its completion.

A senior government official has said that “The EAC recommended for continuation of the permission for transport of maximum 1.5 MTPA coal through NW-1 for another six months up to January 31, 2017 subject to continuation of the study being carried out by CIFRI and submission of the additional information sought earlier.”

Read EquityPandit’s Nifty Energy Outlook for this week 

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