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Adani Enterprises Ltd (AEL), India’s largest coal importer and part of the Adani Group, on Monday announced the signing of five agreements for supply of imported coal with NTPC Ltd, the country’s largest power generation company.
AEL will supply four million tonnes (mt) of coal imported from global sources between March to June 2012 to NTPC’s power stations across India, the company said here. The imported coal is required to meet the coal blending requirements of the NTPC power stations.
The company will supply one mt of coal each to NTPC’s power stations at Talcher, Farakka and Kahalgaon, 0.5 mt for the Simhadri and Ramagundam stations, 0.8 mt for the Dadri, Rihand, Singrauli, Tanda, Unchchar and Vindhyachal stations, and 0.7 mt for the Korba and Sipat stations.
AEL has a market share of over 50 per cent in supplying imported coal in India, with almost all the State-run power utilities in the country as its customers.
It is developing and operating mines in India, Indonesia and Australia as well as importing and trading coal from many other countries. The company is expected to mine 200 mt of coal per annum in 2020, making it one of the largest mining groups in the world, AEL said in a statement.
A group company, Adani Power Ltd (APL), is India’s largest private power generator with a capacity of 4,000 MW. Currently, it is implementing six power projects for generating 16,500 MW of power across Gujarat, Maharashtra, Rajasthan and Madhya Pradesh.
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