Unable to amicably resolve the dispute over the location of NTPC's proposed 1,980-MW project in Jharkhand, the coal and power ministries today decided to refer the matter to the Cabinet, reports the Economic Times.
"Both Coal and Power ministries met today and took a decision to bring the North Karanpura thermal power project to the Cabinet," a source close to the development told PTI. The Coal Ministry has been pressing for relocation of the project, arguing that the proposed site is situated above an estimated 6 billion tonnes of coal reserves. Today's meet was attended by Power Minister Sushil Kumar Shinde, Coal Minister Sriprakash Jaiswal and secretaries of both the ministries among others. Source: The Economic TimesDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
