There is a substantial increase in global and local coal prices, however, Arup Roy Choudhury chairman and managing director of National Thermal Power Corporation (NTPC) maintains that the company is confident of being able to meet FY11 guidance of over 3,000mw in FY11.
Sandeep J Shah, the CEO of Sampriti Capital said that he sees a market correction around 20% in 2011.