Development of 8 NTPC coal blocks gets delayed.

While eight captive coal blocks were allotted to NTPC between 2004 and 2007 through what is called the 'government dispensation route,' the state-run company is running way behind schedule in their development. Although it blames 'issues beyond its control', such as lack of support from respective state governments and delays in fixing land compensation, analysts also attribute the failure to inefficiency at the company level.

Even if the PSU tries hard now, the benefit of the government’s proposal to the Supreme Court - exempting mines that are likely to start production over the next six months - is possible for just two blocks, say industry watchers.


THE INDIAN EXPRESS