NEW DELHI (Commodity Online): The state run National Thermal Power Corporation (BSE: NTPC: 532555, NSE: NTPC) is planning to have long term coal imports to secure sufficient supply.
"Return on capital and investment/appreciation in coal mines is very difficult to know in advance. We don't know how it will behave. It is very speculative. Long-term deals provide you an assured amount of coal at predetermined prices," said Arup Roy Choudhury, CMD, NPTC quoted by Business Standard as saying.
At present, the consumption is 160 million tons per annum and the company is planning to have more16 million tons import this year. The company has decided to increase the capacity of the plant by 5,000MW by the end of 2011-12.
Currently the company has capacity of 34,000MW and planning to add 25,000-35,000MW capacity the 12th five year plan (2012-2017).
