NTPC Ltd has extended its search for coal blocks abroad and is eyeing at options in Mozambique and South Africa. NTPC has already been eyeing at infusing in coal blocks in Indonesia. NTPC looking to get fuel supplies in order to support its ambitious generation aim. NTPC, which requires about 110 million tonnes of coal at its 15 coal-fired stations annually, had imported around 2.5 million tonnes of coal last fiscal. NTPC has floated an alliance firm called Coal Ventures International Ltd in partnership with Steel Authority of India Ltd, Rashtriya Ispat Nigam Ltd, Coal India Ltd and National Mineral Development Corporation to secure coal mines abroad.
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