Gencos procure 5.8% of total order value from Coal India's import tenders

CoalMin confident that domestic supply will meet festive season's power demand

Power-generating companies (gencos) have picked up 5.8 per cent of the order value for the coal import tender placed by Coal India Ltd (CIL) over the past two months.

CIL executives said of the tender of 12 million tonnes (MT), it had a supply request for 700,000 tonnes by a handful of gencos for blending with domestic coal.

“We received firm orders of 1.4 MT from gencos, but requests for 700,000 tonnes were withdrawn. For the balance, 350,000 tonnes has been dispatched by the end of August and another 350,000 tonnes is in the process,” B Veera Reddy, director (technical),