Adani Enterprises to supply coal to NTPC
Adani Enterprises has signed five agreements for supply of imported coal with NTPC Ltd, the country’s largest power generation company. Adani Enterprises will supply 4 million tonnes of coal imported from global sources between March to June 2012 to NTPC’s fourteen power stations across India. The imported coal is required to meet the coal blending requirements of the NTPC power stations. The company will supply one million tonnes of imported coal to NTPC’s Talcher power stations, 1 million tonnes for Farakka and Kahalgaon stations, 0.5 million tonnes for Simhadri and Ramagundam stations, 0.8 million tonnes for Dadri, Rihand, Singrauli, Tanda, Unchchar and Vindhyachal stations, and 0.7 million tonnes for Korba and Sipat stations.
Adani Enterprises is India’s largest importer of coal with a market share of over 50 percent with almost all the state-run power utilities in India as its customers. It is developing and operating mines in India, Indonesia and Australia as well as importing and trading coal from many other countries.
The company is expected to mine 200 million tonnes of coal per year in 2020, making Adani one of the largest mining groups in the world.