Tripartite Agreement amongst NTPC, IWAI and JITF for transportation of coal through Inland Waterways(NW-1)

Fri, 12 August 2011 12:35 AM

NTPC, Inland Water Authority of India (IWAI) and Jindal ITF  signed a Tripartite Agreement today in New Delhi for transportation of coal from east coast of India to NTPC’s 2100 MW power plant located at Farakka, District Murshidabad, West Bengal through inland waterways. Jindal ITF has been selected as an operator by NTPC and IWAI through a International Competitive Bidding process.

The agreement was signed by Shri S.N. Goel, ED (Fuel Security), NTPC, Shri S.K. Shahi, Secretary IWAI, Shri Probal Ghosh, CEO, JITF in the presence of Smt. Bhupinder Prasad, Chairperson, ICWAI, Shri Indresh Batra, VC& MD, JITF and Shri Arup Roy Choudhury and Directors of NTPC.

The project will use a trans-shipper, anchored in high seas near Haldia port on east coast on which coal from ocean going vessels will be unloaded in high seas and further loaded into barges for transportation to NTPC Farakka Power Station. Considering the current constraints of Indian port sector, this project is bound to bring a paradigm shift in the import of dry bulk cargo in Indian shipping sector. This project includes the operation of the largest barge fleet in India along National Waterway no. 1, connecting Haldia and Allahabad, and will promote use of inland waterways.

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