Adani emerges as lowest bidder in CIL import tender
COAL & MINING

Adani emerges as lowest bidder in CIL import tender

Adani Enterprises has emerged as the lowest bidder in Coal India’s (CIL) first coal import tender floated on behalf of power generation companies. Adani Enterprises quoted Rs 4,033 crore for the supply of 2.416 million tonne (mt) of coal on a freight-on-road (FOR) basis. Mohit Minerals was next with a Rs 4,182 crore bid, followed by Chettinad Logistics at Rs 4,222 crore. This imported coal will go to seven state-generating companies and 19 private power plants.

Adani Enterprises has bagged multiple coal import contracts from NTPC between January and June. The Adani Group in December last year shipped out the first consignment of coal from its Carmichael mines in Queensland, Australia. Industry insiders said it is also eyeing Coal India’s two e-tenders totalling 6 mt, for which bids have to be submitted.

“The bids received are being looked into and will require approval from Coal India’s board,” a government official said.

CIL had earlier said a total of 11 importers and some overseas traders had evinced interest in the pre-bid meeting. The government is looking at imported coal to build adequate stocks at power plants before monsoon rain hits coal mining and supply decreases. India’s power demand peaks post-monsoon due to high agricultural consumption and warm weather conditions.

Adani Enterprises has emerged as the lowest bidder in Coal India’s (CIL) first coal import tender floated on behalf of power generation companies. Adani Enterprises quoted Rs 4,033 crore for the supply of 2.416 million tonne (mt) of coal on a freight-on-road (FOR) basis. Mohit Minerals was next with a Rs 4,182 crore bid, followed by Chettinad Logistics at Rs 4,222 crore. This imported coal will go to seven state-generating companies and 19 private power plants. Adani Enterprises has bagged multiple coal import contracts from NTPC between January and June. The Adani Group in December last year shipped out the first consignment of coal from its Carmichael mines in Queensland, Australia. Industry insiders said it is also eyeing Coal India’s two e-tenders totalling 6 mt, for which bids have to be submitted. “The bids received are being looked into and will require approval from Coal India’s board,” a government official said. CIL had earlier said a total of 11 importers and some overseas traders had evinced interest in the pre-bid meeting. The government is looking at imported coal to build adequate stocks at power plants before monsoon rain hits coal mining and supply decreases. India’s power demand peaks post-monsoon due to high agricultural consumption and warm weather conditions.

Next Story
Infrastructure Urban

CONCOR Launches Double-stack Service Between NCR and Varnama

State-run Container Corporation of India (CONCOR) has launched double-stack container train services between the National Capital Region (NCR) and Varnama near Baroda. This initiative aims to facilitate customers at Nhava Sheva near Mumbai, home to Jawaharlal Nehru Port (J N Port). On December 21, the first double-stack container train from Khatuwas and Dadri in NCR reached CONCOR’s Gati Shakti Multimodal Cargo Terminal (GCT) at Varnama, situated along the Western Dedicated Freight Corridor (WDFC). The train carried export cargo destined for J N Port, according to a statement from the state..

Next Story
Infrastructure Transport

Less than 10% of Rs 40 Billion State-aid for Shipbuilding Utilised

A government-sanctioned financial assistance program worth Rs 40 billion, intended to support local shipbuilders over a decade starting in April 2016, has seen minimal utilisation, with only Rs 3.85 billion—less than 10 per cent of the total fund—disbursed thus far. With 15 months remaining before the scheme concludes, its uptake has been limited. The financial aid applies to shipbuilding contracts signed between April 1, 2016, and March 31, 2026. According to a written response provided by Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal to the Rajya Sabha on December ..

Next Story
Infrastructure Transport

Civil Aviation Minister Opens New ATC Tower at Indore Airport

The Minister for Civil Aviation, Ram Mohan Naidu Kinjarapu, inaugurated the new Air Traffic Control (ATC) Tower-cum-technical block at Devi Ahilyabai Holkar International Airport in Indore, Madhya Pradesh. During the inauguration, the minister toured the facility, where ATC experts explained various technical aspects of tracking and coordinating flights from the newly constructed tower. In addition to the ATC tower, the airport has also introduced a zero-waste plant. The union minister confirmed that this initiative aligns with the government’s commitment to sustainability. Minister Ki..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000