merisarkar news service
New Delhi, November 13, 2010
coal mine project cleared: Arup Roy Choudhury
The Board of Directors of NTPC accorded investment approval for Pakri Barwadih Coal Mining Project (15 Million Tonnes Per Annum) at current estimated cost as of 1st Quarter 2010 price level of Rs. 3193.86 crore (including Interest During Construction, Financing Charges and Working Capital Margin) today Pakri Barwadih coal block is located in Hazaribagh district of Jharkhand State.
This coal block was allotted to NTPC on 11.10.2004. Key activities like approval of mining plan, Rehabilitation Action Plan, arrangements for power supply, notifications for land acquisitions under CBA Act have been completed. The activities like payment disbursement for land, CHP award etc are in progress. The Mine is likely to start production during 2012.
