NTPC eyes coal mines abroad
Seeking to secure supply of coal for its upcoming future projects to meet the energy targets, National Thermal Power Corporation (NTPC), has decided to hunt for coal blocks in South Africa, Mozambique and Indonesia. NTPC's aggressive posture for securing fuel supplies comes close on the heels of its competitors in the private sector Reliance Power and Tata Power having secured coal blocks in Indonesia and exploring similar options in other countries.