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 Energy

NTPC Signs $11.5 Billion Clean Energy Deals in Chhattisgarh

Juniper Green Energy has successfully commissioned a 100-MW solar power project aimed at supplying electricity to Bhutan, marking a significant milestone in regional energy integration. According to the company's statement, the project facilitates a crucial cross-border agreement allowing Bhutan to receive 50% of the power generated during the winter months. This arrangement permits Bhutan to directly import power from an Indian generator under an established bilateral trade framework. Located in Rajasthan, the solar project contributes a total generation capacity of 100 MW. Highlighting the..

Next Story
Infrastructure Energy

Juniper Green Commissions 100-MW Solar Project for Bhutan

The New Delhi Municipal Council (NDMC) held its first council meeting since the Delhi Assembly polls focusing on a comprehensive Summer Action Plan aimed at achieving 100% solar energy adoption by 2026. The meeting, led by MP Bansuri Swaraj, began with the swearing-in of three new NDMC members — Delhi Minister and New Delhi MLA Parvesh Sahib Singh, Delhi Cantt. MLA Virender Singh Kadian, and Ravi Kumar Arora, Additional Secretary of the Ministry of Housing and Urban Affairs. Solar Energy Push NDMC Vice Chairman Kuljeet Singh Chahal announced the civic body's ambitious solar energy plans, ..

Next Story
Infrastructure Energy

NDMC Pushes for 100% Solar Energy by 2026

Mumbai-based energy storage startup AmpereHour Energy has raised $5 million from Avaana Capital, with participation from UC Impower and other angel investors. Founded in 2017 by IIT Bombay alumni, AmpereHour Energy focuses on building AI/ML-enabled Energy Storage Systems ranging from kW/kWh scale systems for Mini-grids to MW/MWh scale systems compatible with solar PV and wind plants. The systems are designed to be plug-and-play, integrated with the company’s proprietary Energy Management platform, Elina. The fresh capital will be directed towards expanding manufacturing and software capabi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?