MMTC has emerged as the sole bidder for supply of imported fuel to Coal India (CIL). The tender was closed last week. Earlier in 2012, the fuel supply agreements were between the CIL and consumers, CIL proposed to meet 15 percent of the fuel needs through imports on a cost-plus basis. The company was the sole bidder for the contract when the tender was floated for the first time last year.
MMTC is major global player in the minerals trade and is the single largest exporter of minerals from India. With its comprehensive infrastructural expertise to handle minerals, the company provides full logistic support from procurement, quality control to guaranteed timely deliveries of minerals from different ports, through a wide network of regional and port offices in India, as well as international subsidiary.
| Company Name | CMP |
|---|---|
| Redington | 234.90 |
| Adani Enterprises | 2218.35 |
| Amrapali Industries | 17.53 |
| Rashi Peripheral | 455.25 |
| PDS | 301.45 |
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