NTPC invites bids for importing 2 million tonne coal

Since August, coal stock levels at thermal units have dwindled

India's largest thermal power producer, NTPC, has issued an 'invitation for bids' (IFB) for procuring 2 Million Tonne (MT) of imported coal. In two separate notices, the generating company (genco) has invited bids for its own power plants and for DVC, 1 MT each. 

The move comes in wake of ongoing coal shortage in the country with the average coal stock level at power units being 4 days. The Centre now claims the situation is under control with demand cooling off and enhanced domestic coal supply from Coal India Ltd, power units are planning for high demand festive months ahead,