Coal India floats tender for coal imports

13 Jun 2022 CW Team

On Wednesday Coal India Limited (CIL) floated an international competitive bidding e-tender, to seek bids for the import of 2.416 million tonne of coal.

An official statement said, the coal is being imported on behalf of the state generating companies (gencos) as well as independent power plants (IPPs) and is based on their indents for the July-September period of this fiscal year.

A provision in the tender exists to accommodate a variety of below or above 30% of the bid quantity. The coal imported is 5000 GAR (gross as received) thermal grade coal.

The government had nominated CIL as a centralised agency for increasing coal supplies to state gencos, and IPPs via import of coal when the demand for coal is high.

On June 2, CIL’s Board gave its nod for the proceeding with the issuance of two international tenders for importing coal from overseas, a short-term tender and a medium-term tender.

The short-term tender for coal import, for Q2 of FY23, is source agnostic, which means it can be sourced from any country.

The statement said although coal import is uncharted terrain for CIL, within a week of receiving indents from seven State Gencos and 19 IPPs, a total of 2.416 MT of coal, the company on a war footing has finalised and floated the tender.

The last date for the receipt of the bids is June 29.

Image Source

Also read: Ban on Coal usage in NCR from Jan 2023

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..