Maharashtra reviewing four bids in large coal import tender

12 Apr 2022 CW Team

Maharashtra is currently reviewing four bids that were received for a tender to supply two million tonnes (mt) of imported coal. It is expected that the final details will be out in the next month.

The Maharashtra State Power Generation Corporation Limited (Mahagenco) said it received bids for the above-mentioned tender, the largest one in at least the last three years, from Chettinad Logistics, Mohit Minerals, Adani Enterprises, and Gandhar Oil Refinery.

India has informed utilities to establish imports to the highest levels in six years as a response to the increased demand for coal as power sources soar. Maharashtra is the most industrialised state in the country and also the biggest power consumer.

Mahagenco stands in the process of finalising the cost, reasonability, and financial viability of the bids they have received. It is expected that the authorities will finalise the tender by mid-April 2022.

The directive to boost imports is issued at a time when the global prices trade at steep premiums to an average 2021 level post the invasion of Russia on Ukraine. Increased imports by India might further increase the pressure on prices.

Expensive imports might further add to the financial targets of the debt-laden power distributors owned by the state government, which have overdue payments of almost $5 billion to power generators.

Image Source

Also read: Maha govt seeks centre's intervention for Chhattisgarh coal block nod

Real Estate

07 Oct 2025

Compact Homes Lead Demand as Indian Housing Market Stabilises: Magicbricks

Magicbricks, India’s leading real estate platform, has released its PropIndex Report for July–September 2025, revealing signs of stabilisation in the housing market. Despite affordability pressures, housing demand grew 3.1 per cent QoQ, driven largely by compact homes. The share of 1–2 BHK units rose to 54 per cent of total demand, reversing a two-year decline and signalling renewed focus on affordability.While overall supply increased marginally by 1 per cent QoQ (–4.5 per cent YoY), property prices continued to rise. Pune (+41.4 per cent YoY), Mumbai (+29.6 per cent YoY), and Greater..

Flytta Launches India’s First Retrofitted Electric Truck for the Heavy-Duty Segment

Flytta has unveiled India’s first retrofitted 13-ton payload capacity electric truck, specially designed for cement bag transportation across challenging ghat roads and industrial terrains. Developed by Kalyani Powertrain (KPTL)—the electric mobility arm of the Kalyani Group—the truck will operate with Dalmia Cement on the Yadwad–Goa corridor.This industry-first collaboration brings together Flytta’s sustainable logistics expertise, Kalyani’s engineering capabilities in EV retrofitting, and Dalmia Cement’s commitment to green manufacturing. The partnership marks a significant ste..

REC Launches Rs 50.71 Mn Mobile Medical Units in Rajasthan

In a bid to make quality healthcare accessible to remote and underserved communities, REC has extended financial support of Rs 50.71 million under its CSR initiative to the Indian Red Cross Society, Alwar, for operating five Mobile Medical Units (MMUs) over the next three years.The MMUs were flagged off on October 5, 2025, by Bhupender Yadav, Hon’ble Union Minister of Environment, Forest & Climate Change, and Sanjay Sharma, Minister of Environment, Forest & Climate Change and Science & Technology, Government of Rajasthan.The event was attended by members of the REC CSR team, M L ..