As of 2022–23, India generates 73% of its power from coal, which is expected to go down to 55% as the share of renewables increases. Credit: Dexter Fernandes on Unsplash.

Indian state-owned energy conglomerate NTPC has reportedly awarded a contract worth Rs31.43bn ($430m), pertaining to the Talaipalli coal mine in Chhattisgarh, to Thriveni Earthmovers.

The contract calls for the development and operations of the coal mine located in the east-central Indian state.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Based in Tamil Nadu, Thriveni Earthmovers specialises in mining iron ore, copper, coal, bauxite, graphite, granite, limestone, and baryte, and other natural resource commodities.

PTI has quoted an anonymous official as saying: “Thriveni Earthmovers… a Coimbatore-based mining company, has bagged another mine development and operation contract from NTPC on August 26, with a contract value of Rs31.428bn.”

Previously, BGR Mining & Infra was in charge of the development of the Talaipalli mine and other NTPC coal mines in Jharkhand and Chhattisgarh. However, the contracts were scrapped by NTPC due to corruption allegations that had cropped up against the mining contractor’s senior officials, reported PTI.

As per two separate letters issued in July 2019, NTPC cancelled the development and operation contracts of the Chatti-Bariatu coal mine in Jharkhand state and also that of the Talaipalli coal mine.

BGR Mining & Infra won the mine development and operation contract of the coal mine in Jharkhand from NTPC in late 2017. Around the same time, the company in consortium with Nagarjuna Construction Company (NCC), was awarded the contract for the Talaipalli coal project.

With a production capacity of 18 million tonnes of coal per year, the Talaipalli coal mine has been serving the 1.6GW Lara Power Project owned by NTPC in Chhattisgarh.