News Brief | January 2014
Coal transport via waterways may save NTPC Rs.450 a tonne
NTPC hopes to save about Rs 450 per tonne on import of 3 mt of coal transported through waterways from Sagar Islands in West Bengal to Farakka on barges under a new arrangement with Jindal ITF. Following this arrangement, announced by Union shipping minister Thiru GK Vasan, NTPC plans to import a total 9 mt through similar facilities from Sagar Islands to Barh in Bihar. Under a tripartite deal, Jindal ITF, an OP Jindal group company, has set up facilities for unloading 3 million tonne of imported coal every year from mother vessels at Sagar Islands.