Adani wins coal contract: Adani Enterprises, the largest imported thermal coal trading company in the country, has won the contract to supply coal to the country’s largest power producer NTPC. Is.
Adani wins coal contract: Adani Enterprises, the largest imported thermal coal trader in the country, has won the contract to supply coal to the country’s largest power producer NTPC. Is. According to the information received from the sources, the situation like last year’s coal crisis should not happen again, that is why this deal has been done. Adani Enterprises will supply 1 million tonnes of coal to state-owned NTPC. NTPC had floated the first tender for import of coal after more than two years in October last year. Kolkata-based state-run Damodar Valley Corporation is also considering the proposal received from Adani for supply of coal to its power plants. Adani, NTPC and Damodar Valley have not yet commented on the issue.
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Coal has left Australia only last month
Adani started shipping the first export cargo from the ‘controversial’ Carmichael coal mine last month. This mine is located in Queensland, Australia. The shipment made from this mine is being sent to India. This information has been received from the sources but the person giving the information has not disclosed the name of the buyer.
Power companies under pressure to increase coal reserves
In the second half of October last year, there was power shortage in some parts of the country. At one time the situation came such that the power generating companies had only four days of coal left. In such a situation, there is pressure on these companies to increase their coal reserves. All preparations are being made to ensure that such a situation does not happen again. The decision to buy coal from abroad has been taken at a time when the government is showing commitment to reduce its dependence on oil imports. About 70 percent of the electricity produced in the country is from electricity and its consumption is expected to increase in the next few years.
Coal Crisis: Only 4 days stock of coal in the country; India may be plunged into darkness due to power crisis, factories may come to a standstill
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