Qrius Quotient: Adani Enterprises Lowest Bidder In Coal India’s First Import Tender

Adani quoted INR 4,033 crore for the supply of 2.416 million tonnes of coal on a freight-on-road (FOR) basis

The Economic TImes

Mohit Minerals was next with a INR 4,182 crore bid, followed by Chettinad Logistics at INR 4,222 crore

The Economic TImes

A total of 11 importers and some overseas traders had shown interest in the bidding

Coal India

The imported coal will go to 7 state power-generation companies and 19 private power plants

The thermal power plants have 26.8 million tonnes of coal stock, 10 percent of their requirement is imported by Coal India on their behalf

Central Electricity Authority DATA/Business Standard

Adani Group is also eyeing 2 tenders totaling 6 million tonnnes from Coal India

Adani Enterprisesadanient share pricecoal import