NTPC scouts for more coal blocks in Indonesia

State-run NTPC today said it has identified three more coal blocks in Indonesia for acquisition.

Last Updated: Nov 30, 2009, 14:40 PM IST

New Delhi: State-run NTPC today said it has identified three more coal blocks in Indonesia for acquisition.

"We have identified 2-3 more coal mines in Indonesia," NTPC Chairman and Managing Director R S Sharma told reporters here. It has appointed Macquarie as consultant for the same.
NTPC has already acquired a coal mine in Indonesia.

During the current financial year, the total coal requirement of NTPC is 150 million tonnes, out of which the company would be importing 12.5 million tonnes.

PTI