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NTPC awards coal import tenders worth Rs 8,308 crore to Adani Enterprises

The firm placed 6 tenders & received technical bids from 4 players - Ahmedabad-based Adi Tradelink, Chennai-based Chettinad Logistics, and Delhi-based Mohit Minerals Ltd along with Adani Enterprises

The state government holds a 26.85 per cent stake in SJVN, which owns and operates 2 GW of hydro power projects
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In March, when the coal crisis erupted, NTPC had issued five tenders for importing 5.75 MT of coal.

Shreya Jai New Delhi
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 Rs 8,308 crore.

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