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Adani Enterprises loses Coal India's short term coal import tender

19 Jul 2022 Evaluate

Adani Enterprises has lost Coal India's short term coal import tender after Coal India cancelled its maiden tender for short-term import of coal in which Adani Enterprises had emerged as the lowest bidder. Adani Enterprises, which had quoted around Rs 17,000-plus per tonne for importing 2.416 MT of coal, was earlier selected for the short-term shipment.

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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