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NCC has bagged a contract for mine development and operation of Talaipalli coal block in Chhattisgarh. The value of the project is approx Rs.25,071 crore, to be executed over 25 years.
In a BSE filing the firm stated. “The consortium formed between NCC and BGR Infra has been awarded the project relating to mine development and operation of Talaipalli coal block (MDO project) by NTPC.”
Further, a special purpose vehicle (SPV) is to be formed between NCC and BGR Mining & Infra with a sharing ratio of 51:49, and it will execute the project.
