Indonesian firm Bara Daya Energi has quoted the lowest for two coal import tenders of Coal India Limited (CIL) for supplying 3 million tonne each. The firm has outbid Adani Enterprises which was the only other bidder for these two contracts. Adani, however, has emerged as L1, or the lowest bidder, for the short term coal import tender of CIL for supplying 2.4 MT.
Bara Daya, however, is a controversial company which earlier faced termination of its contract from Gujarat State Electricity Corporation over “breach of contract and failure to supply coal”, said sources. Even in the first import tender of CIL, Bara Daya was rejected at the technical level on grounds of submitting invalid legal documents such as ‘power of attorney’ and ‘consortium agreement’, said sources.
