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NTPC will foray into coal mining by starting production at its Chatti-Bariatu mines in Jharkhand by the end of the current financial year. NTPC has ventured into coal mining in a bid to create fuel security. The utility plans to meet about 20 per cent of its requirement of coal from its captive mines by 2017.
The company has been allotted seven coal blocks - Chatti-Bariatu, Chatti-Bariatu (South), Pakri Barwadih, Kerandari, Brahmani, Chichiro Patsimal and Dulanga. These blocks are in the coal-rich state of Jharkhand, with the exception of Dulanga, which is in Odisha. Brahmaputra Infrastructure Ltd, in a consortium with BLA Projects Pvt and GSCO Infrastructure, bagged the contract for developing and operating the Chatti-Bariatu mine in 2013. NTPC had in February 2013 approved an investment of Rs 1,314 crore for mining in this block, with a capacity to produce 7 million tonnes per annum.