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Adani Inks Coal Supply Deal With NTPC

  • Adani Enterprises, largest importer of coal and a part of the Adani Group, has signed five agreements for supply of imported coal to NTPC.Adani will supply four million tonnes of coal imported from global sources between March and June 2012 to NTPC's 14 power stations. The imported coal is needed to meet the coal blending requirements of NTPC power stations. It will supply one million tonnes of coal to NTPC's Talcher power stations, one million tonnes to Farakka and Kahalgaon stations, 5 lakh tonnes to Simhadri and Ramagundam stations, 8 lakh tonnes to Dadri, Rihand, Singrauli, Tanda, Unchchar and Vindhyachal stations, and 7 lakh tonnes to Korba and Sipat.

  • Adani Enterprises has a 50 per cent market share for coal in India with almost all state-run power utilities as its customers. It is developing and operating mines in India, Indonesia and Australia and importing and trading coal from other countries.The company said that it expected to mine 200 million tonnes of coal a year by 2020.

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