GVK Power & Infrastructure is due to receive coal to begin power generation at its 540MW Goindwal Sahib plant in Punjab, India.
GVK Power & Infrastructure chief financial officer Issac George was cited by The Economics Times as saying that the company has no plans to sell the facility to NTPC.
Although the plant is ready to start power generation, the coal ministry has declined to allocate the dry fuel from other sources, further delaying to the start of operation of the station.
"The project is ready; two of its units have already been tested on oil," George added.
"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."
The company requires a mass of a six-month coal stock pile to begin power production and is currently seeking coal ministry approval for an interim supply of 150,000 metric tons of coal.
"They say we have captive mines (so they can’t supply from other mines), but we say this is not a permanent demand."