FCC

Adani and others interested in CIL's e-tender for coal imports

2022-06-23

Coal India Limited (CIL) told the media that 11 companies, including Adani Enterprises, Mohit Minerals and Chettinad Logistics and some coal exporting agencies from abroad, are interested in CIL’s tender for coal imports.

CIL recently invited three e-bids to source coal from overseas on behalf of state generation companies (gencos) and independent power plants (IPPs) for blending with domestic coal.

According to a statement, 11 coal importers joined the session with CIL officials. The prominent Indian agencies were Adani Enterprises Limited, Mohit Minerals and Chettinad Logistics Private Limited. Some coal exporting agencies from abroad also showed interest, including one from Indonesia.

The country's largest coal producer held three pre-bid meetings between 14-17 June 2022, with prospective importing agencies showing interest in the global competitive e-bids of CIL.

CIL said that the meetings were to help the bidders keen on competing in the process and have a better understanding of the bid document.

It added that bidders requested for decreasing the time window of the bid price validity from 90 days to 60 days.

Image Source

Also read: Adani, Vedanta, JSPL & Dilip Buildcon Among Bidders for 23 Coal Mines;