Almost 50% coal blocks allotted to power PSUs face delay in prodn: Report
Seven out of the total 16 coal blocks issued to state-owned power sector entities or PSUs like National Thermal Power Corporation (NTPC), Damodar Valley Corporation (DVC), Neyveli Lignite Corporation (NLC), THDC (a mini-Ratna company under NTPC) and Patratu Vidyut Utpadan Nigam Ltd (PVUNL – a joint venture between NTPC and JBVNL) are yet to start or have just started production, even more than seven years after their allotment.
This is despite the fact that coal blocks were allotted to these power sector PSUs back in March 2015 to fulfil their shortage of dry fuel, as India’s largest coal producer, Coal India Ltd (CIL), on its own, could not completely meet their requirements.
