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Updated 2h agoBusiness & Markets

WBPDCL starts sale of surplus coal to NTPC

Headline by Prism · from 1 report

The West Bengal Power Development Corporation Limited has begun selling its surplus coal to the National Thermal Power Corporation.

1 outlet · 1 report · EnglishOne source so far

The record

Written from the 1 report below. Nothing here is unsourced.

  • The West Bengal Power Development Corporation Limited has officially begun supplying its excess coal to the National Thermal Power Corporation after achieving self-sufficiency in coal production.
  • The utility company reached this milestone by utilizing coal from its captive mines, ending its previous reliance on Coal India Limited.
  • Under current regulations, the corporation is authorized to sell up to 50% of its annual coal production once its internal power plant requirements are met.
  • The state utility aims to sell approximately 3.5 million tonnes of coal by March 2027.

What to watch next

  • Actual volume of coal sold by WBPDCL to NTPC by March 2027.
  • Future agreements for surplus coal sales to other entities beyond NTPC.

Who said what1

Only words found exactly in the article are shown, attributed and linked to the line they came from.

West Bengal Power Development Corporation Limited

1 quote · 1 outlet

  • As per the MMDR Act, 2021 of Ministry of Coal, GOI, any allottee can sell 50% of annual coal production after meeting the requirement of the end-use plants, and fulfilling all the compliances regarding taxes and levies. WBPDCL has an average daily consumption of 60,000 tons of coal, and an average production of more than that. With reference to the MMDR Act and as WBPDCL has surplus coal, WBPDCL can sell surplus coal now
    [1]The Hindu2h agoOpen at the quote ↗
    In the article

    The Corporation said in an official statement that since 2024-25, they have not taken any coal supplies from the CIL and source everything from the WBPDCL captive mines, which were allotted to them in 2019-20. “ As per the MMDR Act, 2021 of Ministry of Coal, GOI, any allottee can sell 50% of annual coal production after meeting the requirement of the end-use plants, and fulfilling all the compliances regarding taxes and levies. WBPDCL has an average daily consumption of 60,000 tons of coal, and an average production of more than that. With reference to the MMDR Act and as WBPDCL has surplus coal, WBPDCL can sell surplus coal now ,” the Corporation said in an official statement. With captive production now exceeding its own consumption, the State power utility has commenced the sale of surplus coal in the open market, starting with NTPC. WBPDCL

Coverage1

1 report
English national1

All filed from India

Named India · Coal India Limited · Ministry of Coal · National Thermal Power Corporation · West Bengal Power Development Corporation Limited

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WBPDCL starts sale of surplus coal to NTPC | Prism