Two Adani Power companies secure over 1/3rd of CIL coal

Two Adani Power companies managed to secure a shade over one-third of the total coal auctioned by Coal India under the Shakti scheme by offering discounts ranging between 1paise per unit and 3 paise per unit over their existing tariffs.

Others in the race were GMR’s power arm GVK Power Inland Power, Lalitpur Power, ACB India, KSK Mahanadi Power and Sai Lilagar Power. They were among the 10 companies, including Adani, that collectively managed to secure 27 million tonnes of coal supply contract for 25 years on committing to generate power at discounts ranging from 4 paise per unit and 1paise per unit over their existing tariffs.

Read more here

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s