CIL floats first tender for import of 2.416 MT coal for power sector

The government is making every effort to increase the stock of coal to avoid repetition of power cuts.

The government is making every effort to increase the stock of coal to avoid repetition of power cuts.

State-owned CIL on June 9 said it has floated its first tender for import of 2.416 million tonnes of coal to ensure that Adequate supply of fuel to power plants in 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] Issued an international competitive bidding e-tender on June 8, inviting bids for import of 2.41.6 million tonnes of coal,” the company said in a statement.

coal being imported This is based on the demand received from State Power Generation Companies (Gencos) and Independent Power Plants (IPPs) from them.

This is for the July-September period of the current financial year.