Coal news and updates

Adani and five others in fray for NTPC’s 7.0 mt imported coal tender

June 27: A total of six companies are in fray for NTPC Ltd’s four separate tenders to procure 7.0 million tons of imported coal on FOR basis, industry sources told ICMW.

The suppliers in fray are Adani Enterprises, KISPL, Agarwal Coal, Maheswari Brothers, Kandhar and Drymax, sources said.

NTPC had floated four separate invitation for bids (IFB) for procurement of imported coal and the last date of submission of bids and techno-commercial bid opening dates was initially fixed to June 5, but was extended to June 12 and then again to June 25.

The company is looking to procure 2.25 mt imported coal for its Talcher, Kaniha, Farakka, Kahalgaon and Barh Power Plants, 2.05 mt coal for Simhadri and Ramagundam power plants, 1.55 mt coal for Dadri, Sipat and Mouda power plants, and 1.15 mt imported coal for Rihand and Vindhyachal power plants.

The price bid is likely to be opened in next 10-15 days after going through the eligibility criteria, the source said.