CIL floats first tender for import of 2.416 MT coal for power sector
state ownership Coal India On Thursday it said it has floated its first tender for importing 2.416 million tonnes of coal to ensure adequate supply of fuel to power plants in the country. The development assumes significance in view of all the efforts made by the government to stockpile coal. To avoid a repeat of the power cuts, which were caused by fossil fuel shortages in April.
“For the first time, Coal India Ltd. (CIL) on Wednesday issued an international competitive bidding e-tender, inviting bids for import of 2.41.6 million tonnes of coal,” the company said in a statement. State Power Generation Companies (Gencos) and Independent The supply of coal from power plants (IPPs) is based on the demand received from them, for the July-September period of the current financial year.