Wednesday, August 27, 2008

NTPC: coal crunch to affect bottomline

NTPC has placed an order with a government agency for importing 8.2 MT of coal to meet the shortfall. The company is facing a shortfall of 10-12 MT of coal per year, and has sought Power Ministry's intervention to resolve the crisis. It has already lost Rs. 940m in the current fiscal year due to low generation at its various plants.

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