GVK awaits coal supply to start power plant in Punjab.

GVK Power & Infrastructure will start power generation at its 540 MW Goindwal Sahib plant in Punjab as soon as the station starts getting coal, and has no plans to sell the facility to NTPC, chief financial officer Issac George said.

But its captive mines in Jharkhand are yet to start production and the coal ministry has so far refused to allocate the dry fuel from other sources, which means it can't immediately operate the station though it is ready to start power generation.

'The project is ready; two of its units have already been tested on oil. We are only waiting for coal allocation from the coal ministry as the Tokisud and Seregarha mines in Jharkhand, the two captive mines allocated to the project, will be commissioned in the next 2-3 months,' George told ET.



ET