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

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..