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Adani Enterprises bags contract to supply imported coal to NTPC

06 Jan 2022 Evaluate

Adani Enterprises has bagged a contract to supply 1 million tons of imported coal to NTPC as the country aims to avoid a repeat of last year’s energy crisis. In October 2021, the company issued its first tender for coal imports in more than two years. NTPC would utilize the imported coal to boost its stocks and blend with domestic coal wherever possible.

Adani Enterprises is an infrastructure company. The company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.

Peers
Company Name CMP
Redington 356.35
Adani Enterprises 2731.05
Amrapali Industries 34.31
Maxgrow India 175.85
Rashi Peripheral 864.95
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