It is reported that the contract for creating and operating the infrastructure to transport 3 million tonnes to 8 million tonnes of imported coal through the Hooghly to NTPC power plants in Farakka in West Bengal may go to Jindal ITF, a fully owned subsidiary of Jindal Saw Limited.
A part of the cargo will be re transported to NTPC’s Kahalgaon power station through the company's merry go round rail network.
It has come to light that Jindal ITF has emerged as the lowest bidder for the project, which is a maiden attempt on the part of any power utility in India to ease dependence on the overstretched rail network. On NTPC’s behalf, the bids were invited by the Inland Waterways Authority of India, the sole authority for ensuring navigability and navigation through the inland waterways.
Although there has been no word from the Jindal ITF side that the company will be creating and running the facilities for seven years at a consolidated charge of "close to" INR 1,000 on the transportation of every tonne of coal. The proposal is presently awaiting clearance from NTPC.
The clauses in the tender make it clear that the company will have to invest in transloading facilities at Sandheads in the Bay of Bengal for transfer of coal from large bulk carriers to barges set up a jetty at Farakka, and conveyor belts for transfer of the coal from the jetty to the NTPC plant. (sourced from Exim News Service)