New Delhi, Oct. 6 -- State-run NTPC plans to procure around 10 million tonnes (MT) of coal from commercial mines in the second half of financial year 2027 (FY27) to meet rising power demand, said an official on the condition of anonymity.

This marks the second year the company will buy from commercial mines, following its procurement of around 11 mt in FY25. For FY27, NTPC projects its total coal requirement at around 300 mt, an 11% increase from FY26. Most of this volume will be supplied through fuel supply agreements (FSAs) with state-run miners, with captive mines contributing the remaining 50 million or so tonnes.

"NTPC plans to source 10-15 mt of coal from commercial miners annually going ahead. This year about 10 mt may come from ...