Ujjal Upadhyay: The man who controls 14 coal blocks - The ...
EMTA has a 74:26 JV with West Bengal Power Development Corporation Limited (WBPDCL), whose equity contribution is on a cashless basis. This JV, called Bengal EMTA, supplies coal to WBPDCL at 80.5 per cent of the prevailing CIL price. Except Bengal EMTA is just a shell company. It does not do the mining work.