Two Adani Power companies secure over 1/3rd of CIL coal

Two Adani Power companies managed to secure a shade over one third of the total coal auctioned by Coal India under the Shakti scheme by offering discounts ranging between 1paise per unit and 3 paise per unit over their existing tariffs.

Others in the race were GMR’s power arm GVK Power, Inland Power, Lalitpur Power, ACB India, KSK Mahanadi Power and Sai Lilagar Power. They were among the 10 companies, including Adani, that collectively managed to secu.

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