Adani, Chettinad, nine others evince interest in Coal India’s 8 mt tend tender
PremiumThe last date for receipt of bids for the short-term tender is 29 June while that for the medium-term tenders is 5 July
NEW DELHI : As many as 11 coal importers, including Adani Enterprises and Chettinad Logistics Private Limited, have shown interest to bid in the Coal India Ltd’s (CIL’s) tenders for importing more than 8 million tonnes of coal to meet the surging power demand.
The state-run coal major on Tuesday said it held three pre-bid meetings with coal agencies showing interest in the three international competitive bidding e-tenders announced recently.
“A total of 11 coal importers joined the session with CIL officials. The prominent Indian agencies among them were Adani Enterprises Ltd, Mohit Minerals, and Chettinad Logistics Private Limited. A couple of coal exporting agencies from abroad have also shown interest, including one from Indonesia," the company said.
The meetings were scheduled to help bidders keen on competing in the process gain a better understanding of the bid document and the scope of work.
CIL also said that it has amended the bid document and a corrigendum has been floated on the e-procurement portal.
The interested parties had sought amendments, including narrowing the time window of the bid price validity from 90 days to 60 days, it said. Another amendment was fixing the time period for the supply of the first tranche of shipment, from the date of letter of award, between four and six weeks. The supply schedule was earlier based on a percentage of delivery in each of the months of the second quarter of FY23.
For the coal that lands on Indian shores, quantity assessment and quality testing shall be done through CIL’s empaneled third-party sampling agencies, it said.
CIL had previously floated a short-term indent based international competitive bid to source 2.416 million tonnes of coal from abroad on behalf of state generation companies and independent power plants (IPPs) for blending with domestic coal.
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Two more medium-term tenders for sourcing 3 million tonnes each at the western and eastern ports of the country were later floated to keep coal on tap for immediate availability and future use.
The last date for receipt of bids for the short-term tender is 29 June while that for the medium-term tenders is 5 July.
CIL floated the tenders in line in view of the surging power demand and coal shortage at power plants. The stock of coal at the 173 power plants tracked by the Central Electricity Authority was 25.58 million tonnes, which is 38% of the required stock of 66.96 million tonne.