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Adani wins NTPC's coal supply tender as govt acts to avoid energy crisis

Damodar Valley Corp is examining a proposal from the private firm for supplying 1 million tons to its power plants.

Coal, coal mining, China coal mines
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Rajesh Kumar Singh | Bloomberg
Adani Enterprises Ltd. has won a contract to supply overseas coal to India’s top electricity generator as the nation aims to avoid a repeat of last year’s energy crisis, according to people familiar with the matter. 

Adani, India’s largest trader of imported thermal coal, will deliver 1 million tons to state-run NTPC Ltd., which in October issued its first tender for coal imports in more than two years, the people said, requesting anonymity as the details are still private.

Kolkata-based Damodar Valley Corp. Ltd., also state-owned, is examining a proposal from Adani for the supply of the same volume to