+
Singareni, NTPC ink 4 deals for coal supply, payment, flexibility
COAL & MINING

Singareni, NTPC ink 4 deals for coal supply, payment, flexibility

Singareni Collieries Company and NTPC have entered into four agreements regarding the supply of coal. The agreements pertain to the provision of coal to NTPC's Kudgi and Solapur thermal units, adjustments in coal supply based on plant requirements, and advance payment for fuel supply to the Ramagundam plant.

According to the agreements, Singareni will supply 67.5 lakh tonnes of coal annually to NTPC's 2x800 megawatt thermal station in Kudgi, Karnataka, and an additional 28.2 lakh tonnes to the 660 megawatt project in Solapur, Maharashtra.

Singareni authorities stated that the agreements were signed following instructions from the Ministry of Coal. The third agreement involves advance payment to Singareni for coal supply to NTPC's Ramagundam plant, departing from the usual practice of payment after receiving the coal. The Ramagundam plant consumes approximately 85 to 90 lakh tonnes of coal per month.

The fourth agreement facilitates the adjustment of coal supplies amounting to 207.7 lakh tonnes, which are linked to various NTPC units. Singareni authorities mentioned that these two agreements are unique, as they mark the first of their kind between the two entities, despite having long-standing coal supply agreements.

Singareni officials revealed that the company supplies coal to thermal power plants in 16 states, including Telangana, Andhra Pradesh, Karnataka, Maharashtra, Tamil Nadu, Odisha, Chhattisgarh, Madhya Pradesh, Kerala, Haryana, Uttar Pradesh, Jharkhand, Himachal Pradesh, Gujarat, West Bengal, and Goa.

They further stated that during the 2022-23 period, Singareni supplied 549.69 lakh tonnes of coal to thermal power plants and an additional 117.25 lakh tonnes to non-power generating companies such as cement, sponge iron, pharmaceutical, fertilizer, paper, and ceramics industries. The total coal sales include a remarkable 2.58 million tonnes sold through the 8th tranche of coal auctions.

Also read:
THDC India commences commercial operations at MP's Amelia coal block
Imported coal plants urged to operate fully until September


Singareni Collieries Company and NTPC have entered into four agreements regarding the supply of coal. The agreements pertain to the provision of coal to NTPC's Kudgi and Solapur thermal units, adjustments in coal supply based on plant requirements, and advance payment for fuel supply to the Ramagundam plant. According to the agreements, Singareni will supply 67.5 lakh tonnes of coal annually to NTPC's 2x800 megawatt thermal station in Kudgi, Karnataka, and an additional 28.2 lakh tonnes to the 660 megawatt project in Solapur, Maharashtra. Singareni authorities stated that the agreements were signed following instructions from the Ministry of Coal. The third agreement involves advance payment to Singareni for coal supply to NTPC's Ramagundam plant, departing from the usual practice of payment after receiving the coal. The Ramagundam plant consumes approximately 85 to 90 lakh tonnes of coal per month. The fourth agreement facilitates the adjustment of coal supplies amounting to 207.7 lakh tonnes, which are linked to various NTPC units. Singareni authorities mentioned that these two agreements are unique, as they mark the first of their kind between the two entities, despite having long-standing coal supply agreements. Singareni officials revealed that the company supplies coal to thermal power plants in 16 states, including Telangana, Andhra Pradesh, Karnataka, Maharashtra, Tamil Nadu, Odisha, Chhattisgarh, Madhya Pradesh, Kerala, Haryana, Uttar Pradesh, Jharkhand, Himachal Pradesh, Gujarat, West Bengal, and Goa. They further stated that during the 2022-23 period, Singareni supplied 549.69 lakh tonnes of coal to thermal power plants and an additional 117.25 lakh tonnes to non-power generating companies such as cement, sponge iron, pharmaceutical, fertilizer, paper, and ceramics industries. The total coal sales include a remarkable 2.58 million tonnes sold through the 8th tranche of coal auctions. Also read: THDC India commences commercial operations at MP's Amelia coal block Imported coal plants urged to operate fully until September

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Hexalog Appoints Vishal Shukla as Chief Transformation Officer

Hexalog, a cross-border supply chain and logistics company, has appointed Vishal Shukla as Chief Transformation Officer (CTO) to lead its operational transformation, technology adoption and expansion into new international markets.In his new role, Shukla will oversee the company's transformation strategy across operations, technology, product development and business expansion. His responsibilities include standardising processes, developing scalable operating models, strengthening existing trade corridors and introducing new fulfilment solutions for cross-border businesses.Shukla brings nearl..

Next Story
Real Estate

Dhuleva Group Awards 80-Storey Tower Contract to Eversendai

Dhuleva Group has awarded the core and shell structural construction contract for Dhuleva One50, an upcoming 80-storey ultra-luxury residential tower in South Mumbai, to Malaysia-based engineering and construction company Eversendai.Located near the Babulnath district, the development is planned as a high-rise residential landmark offering panoramic views of the Arabian Sea and Mumbai's skyline. The project will combine contemporary architecture with advanced engineering and premium residential facilities.Eversendai will undertake the structural construction works, drawing on its experience in..

Next Story
Building Material

Nuvoco Marks 10 Years, Targets 35 MMTPA Capacity by FY28

Nuvoco Vistas Corporation Limited is celebrating a decade of operations under the theme ‘Dus Saal Bemisaal’, highlighting its expansion in India's building materials sector. The company has grown from a single cement manufacturing facility into a diversified organisation operating across cement, ready-mix concrete (RMC) and modern building materials.The company's journey began in 2014 when its parent, Nirma Group, commissioned a 2 million metric tonnes per annum (MMTPA) greenfield cement plant at Nimbol, Rajasthan. A major milestone followed in October 2016 with the acquisition of Lafarge ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code