Andhra Pradesh cancels Adani bids to supply imported coal
2 years, 8 months ago

Andhra Pradesh cancels Adani bids to supply imported coal

Live Mint  

India's southern Andhra Pradesh has cancelled bids made for two separate tenders by India's Adani Enterprises to supply imported coal as the prices quoted were too high, two state government officials told Reuters. Adani, India's largest coal trader, offered to supply last month 500,000 tonnes of South African coal at 40,000 rupees per tonne and another 750,000 tonnes at 17,480 rupees in January, the officials said. India has cut supplies to the non-power sector as it faced two of its worst power shortages in recent years in October and March, despite record production by state-run near-monopoly Coal India Ltd. One of the officials, B Sreedhar, managing director at Andhra Pradesh Power Generation Corp Ltd, said the current power shortage was not as bad as the one in October, but said the state was living a "hand-to-mouth existence". Andhra Pradesh, which faced an electricity deficit of 7% during the last three days of March, floated a tender this week "for urgent procurement" of 100,000 tonnes of imported coal, the officials said.

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History of this topic

Adani-Andhra Deal Approved Against Officials' Advice, Under Bribery Scrutiny
1 week ago

Adani-Andhra Deal Approved Against Officials' Advice, Under Bribery Scrutiny

Deccan Chronicle  

The approach from the Solar Energy Corporation of India on Sept. 15, 2021 came out of the blue. The federal agency, tasked with developing the solar sector, wanted to know if the southeastern state of Andhra Pradesh would like to sign India's largest renewables contract.Two years earlier, Andhra Pradesh's energy regulator had said in a 10-year forecast the state had …

Bangladesh looks to reduce power prices of Adani deal amid US indictment: Report
Trending News
3 weeks, 1 day ago

Bangladesh looks to reduce power prices of Adani deal amid US indictment: Report

Hindustan Times  

Bangladesh is reportedly looking to renegotiate much lower prices for electricity it purchases from the Adani Group as it tries to reduce its expenditure for subsidising the expensive electricity for the public. This is unless a Bangladesh court completely cancels the 25-year deal signed in 2017 with Adani Power for getting coal-fired power from a $2 billion plant in eastern …

Adani allegations shine spotlight on India’s clean energy conundrum
3 weeks, 5 days ago

Adani allegations shine spotlight on India’s clean energy conundrum

The Hindu  

Published : Nov 28, 2024 11:22 IST - 4 MINS READ Bribery allegations against the Adani Group founder Gautam Adani have highlighted the growing problem India’s renewable energy developers face in finding buyers for the power they generate. The challenges were stark in the case of Adani Green, India’s largest renewable energy company, which took over three years to strike …

Congress demands Andhra Pradesh government cancel Adani deal signed under YSRCP
4 weeks ago

Congress demands Andhra Pradesh government cancel Adani deal signed under YSRCP

India Today  

The Andhra Pradesh Congress Committee urged the immediate cancellation of a power purchase agreement signed with Adani Green Energy in 2021 during the YSRCP government led by former Chief Minister YS Jagan Mohan Reddy. The deal, according to APCC president YS Sharmila, imposes an estimated financial burden of Rs 1.5 lakh crore on the people of Andhra Pradesh over the …

'Rigged deal': Congress attacks Mahayuti government over Adani winning bid to supply power to Maharashtra
3 months, 1 week ago

'Rigged deal': Congress attacks Mahayuti government over Adani winning bid to supply power to Maharashtra

The Hindu  

With the Adani Group winning a bid to supply 6,600 MW of bundled renewable and thermal power to Maharashtra, the Congress on Sunday alleged that it was a "rigged deal" facilitated by the Mahayuti government, which it claimed was "tottering towards a landslide defeat" in the upcoming assembly polls. The opposition party's attack came after the Adani Group won a …

Coal Auctions: Singareni Interests Safe, Says Kishan Reddy
6 months ago

Coal Auctions: Singareni Interests Safe, Says Kishan Reddy

Deccan Chronicle  

Hyderabad: Refuting allegations that the coal auctions are detrimental to the interests of state-owned Singareni Collieries Company Limited, Union minister of coal and mines G. Kishan Reddy on Friday reiterated that the interests of Telangana and that of Singareni and its workforce will not be compromised. Speaking at the launch ceremony of the 10th tranche of commercial coal mine auctions, …

AAP does what it does best – lie through its teeth. Here are 6 lies about PM Modi and Adani that Arvind Kejriwal spread
1 year, 8 months ago

AAP does what it does best – lie through its teeth. Here are 6 lies about PM Modi and Adani that Arvind Kejriwal spread

Op India  

For the last several years, especially starting ahead of the 2019 general elections, Rahul Gandhi has decided that accusing PM Narendra Modi of providing undue benefits to select industrialists is the best way to attack the BJP. केंद्र का Order: राज्य सरकारों को 10% Imported Coal इस्तेमाल करना होगा सारा कोयला Modi-Adani का है राज्य का कोयला 2000/Ton Adani का …

Adani power plant in Jharkhand | Setback to a project not reflection of policy for neighbourhood: India
1 year, 10 months ago

Adani power plant in Jharkhand | Setback to a project not reflection of policy for neighbourhood: India

The Hindu  

A setback to a power or connectivity project with India’s neighbours will not deter India from carrying out its “neighbourhood first” strategy, the official spokesperson of the Ministry of External Affairs said on Thursday. His remarks came in the wake of reports that the government of Bangladesh has asked India’s troubled Adani group to revise its power purchase agreement to …

Govt allocation helps Adani Gas cut prices of PNG and CNG. Details here
2 years, 4 months ago

Govt allocation helps Adani Gas cut prices of PNG and CNG. Details here

Hindustan Times  

Adani Total Gas has cut the prices for domestic PNG or piped natural gas by up to ₹3.20 per standard cubic metre, while CNG or compressed natural gas price has been brought down by ₹4.7 per kg. PNG or piped natural gas by up to ₹ 3.20 per standard cubic metre and CNG or compressed natural gas price has been …

Adani lowest bidder in CIL's maiden coal import tender, miner may negotiate price
2 years, 5 months ago

Adani lowest bidder in CIL's maiden coal import tender, miner may negotiate price

The Hindu  

Adani Enterprises has emerged as the lowest bidder in Coal India’s tender for imports of the dry fuel with quoting over ₹4,000 crore for supply of 2.416 million tonne, even though the miner is likely to “negotiate the price”, an official said on Monday. A negotiation for the quoted price may take place as the gap between the lowest bid …

Adani Enterprises Lowest Bidder In CIL's First Coal Import Tender: Report
2 years, 5 months ago

Adani Enterprises Lowest Bidder In CIL's First Coal Import Tender: Report

News 18  

Coal India Ltd floated its first coal import tender on behalf of power generation companies and Adani Enterprises Ltd has emerged as the lowest bidder in the bidding, according to an ET report. After the closing of bids, Coal India will execute a contract with the top bidder, entering into a back-to-back agreement with state gencos and independent power producers, …

Coal India to import 6 million tonne more coal to meet power demand
2 years, 6 months ago

Coal India to import 6 million tonne more coal to meet power demand

Live Mint  

NEW DELHI: State-owned Coal India has issued two tenders to import 6 million tonnes of the dry fuel in the next 12 months to meet surging power demand in the country, the miner said on Friday. These two medium-term import tenders of 3 million tonne each of coal have the option of increasing the bid quantity by 100% to 12 …

Commercial Mine Auction: Adani Enterprises Wins Coal Block in Jharkhand
4 years, 1 month ago

Commercial Mine Auction: Adani Enterprises Wins Coal Block in Jharkhand

News 18  

Adani Enterprises Ltd on Saturday won Gondulpara coal mine in Jharkhand on the sixth day of commercial mining auction. Adani Enterprises made a final offer of 20.75 per cent revenue sharing for Gondulpara coal mine which has a geological reserves of 176.33 million tonnes, the coal ministry said in a statement. The ministry said that one coal mine of Jharkhand …

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