Corporate News 09-Jun-22
Coal India floats maiden tender
For Coal imports
Coal India on Wednesday floated an international competitive bidding e-tender, seeking bids for import of 2.41,6 million tonnes (MTs) of coal. The coal being sourced on behalf of the state generating companies (gencos) and independent power plants 0PPs) is based on the indents received from them. It is for July-September period of the current fiscal year. Though coal import is an uncharted terrain for CIL, within a week of receiving indents from the 7 State Gencos and 19 IPPs, for a total of 2.41.6 MTs of coal, the company on a war footing has finalized and floated the tender.
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