CIL floats first tender for import of 2.416 MT coal for power sector
State-owned CIL on June 9 said it has floated its first tender for import of 2.416 million tonnes of coal to ensure adequate supply of fuel to power plants in the country.
The development assumes significance in the wake of the government making all-out efforts to build up coal reserves to avoid a repeat of the power cuts caused by fossil fuel shortages in April.
“First Time Coal India Limited” [CIL] On June 8, an international competitive bidding e-tender was issued, inviting bids for import of 2.41.6 million tonnes of coal,” the company said in a statement.
The supply of coal from State Power Generation Companies (Gencos) and Independent Power Plants (IPPs) is based on the demand received from them.
This is for the July-September period of the current financial year.