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India's richest state reviewing bids in largest coal import tender in years

A utility owned by India's richest state Maharashtra is reviewing the "cost reasonability and financial viability" of the bids received for a two million tonne coal import tender

Coal

Photo: Reuters

Reuters NEW DELHI

NEW DELHI (Reuters) - A utility owned by India's richest state Maharashtra is reviewing the "cost reasonability and financial viability" of the bids received for a two million tonne coal import tender, the power producer told Reuters on Thursday.

The Maharashtra State Power Generation Co Ltd (MAHAGENCO) said it has received bids from Adani Enterprises, Chettinad Logistics, Gandhar Oil Refinery and Mohit Minerals for the tender, its largest in at least 3 years.

Maharashtra is India's most industrialised state and its biggest power consumer.

 

(Reporting by Sudarshan Varadhan; editing by Jason Neely)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Apr 07 2022 | 3:23 PM IST

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