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NTPC in Favour of Penalty on Coal India for Not Meeting Supply Commitments

  • NTPC Ltd, India's top power producer, is in favour of imposing penalty on state-run Coal India Ltd for not meeting supply commitments, NTPC Chairman Arup Roy Choudhury said.
  • State-run NTPC would also like the government to set up a coal regulator to ensure the world's top coal producer is meeting its supply commitments, he said.
  • Coal accounts for more than half of power generation in the country. Despite India having 10 percent of the world's coal reserves, Coal India, which has a near monopoly in coal mining, is struggling to meet its production target.

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