NTPC to be reallocated 3 coal blocks

Written by Press Trust of India | New Delhi | Updated: Jan 22 2013, 07:42am hrs
In a breather to NTPC, government on Monday said it will reallocate its three forfeited coal blocks by Tuesday after law ministrys approval, a step that will bolster the firms valuation prior to its share sale. The three coal blocks Chatti-Bariatu, Kerandari and Chatti-Bariatu (South) would be re-allocated to NTPC by Tuesday after getting the law ministrys approval. The whole issue of coal blocks that have to be reallocated to NTPC will be done by tomorrow (Tuesday) ... blocks will be re-allocated to NTPC post ministry of laws opinion on that matter, power minister Jyotiraditya Scindia said.