NTPC awards ₹6.6k-cr tenders to Adani firm for coal import
Business Standard|June 06, 2022
India's largest power generating company (genco) NTPC has awarded multiple contracts to import 6.25 million tonne (mt) of coal to Adani Enterprises at a cumulative value of ₹6,585 crore.
SHREYA JAI
NTPC awards ₹6.6k-cr tenders to Adani firm for coal import

The state-owned genco is importing coal to meet the recent directive of the Union power ministry to blend 10 per cent imported coal in order to tackle domestic coal shortage.

The company placed six different tenders and received technical bids from four players Ahmedabad-based Adi Tradelink, Chennai-based Chettinad Logistics, and Delhi-based Mohit Minerals, along with Adani Enterprises.

In March, when the coal crisis erupted, NTPC had issued five tenders for importing 5.75 mt of coal, and all the contracts went to Adani Enterprises. The cumulative amount of these tenders was ₹8,422 crore. The technical level bidders were the same one as in the latest round.

This story is from the June 06, 2022 edition of Business Standard.

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This story is from the June 06, 2022 edition of Business Standard.

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