New Delhi: NTPC wants to reduce its coal imports from 10 percent of its annual fuel requirement to keep production costs under check, its chairman said. The 40,000 megawatt thermal power producer has a coal requirement of 164 million tonnes in the current fiscal year to end-March and has already contracted to import 16.4 million tonnes of coal, a third more than the 2011-12 fiscal year. Ten percent of all our requirement is now being imported, but we would like to reduce it. It increases the costs. It doesn't help the country, Arup Roy Choudhury, who is also the managing director of the state-run utility, said in an interview on Friday
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