Coal India floats its maiden tender for coal imports
In a first ever, Coal India Limited (CIL) on Wednesday floated an international competitive bidding e-tender, seeking bids for import of 2.416 million tonnes (MTs) of coal.
The coal being sourced on behalf of the state generating companies (gencos) and independent power plants (IPPs) is based on the indents received from them for July-September period of the current fiscal year, an official statement said.
There is a provision in the tender to accommodate a variation of above or below 30% of the bid quantity. The coal being sought is 5000 GAR (gross as received) thermal grade coal.
