Adani Enterprises signs coal supply agreements with NTPC

Adani Group flagship Adani Enterprises on Monday signed five agreements for supplying 4 million tonnes (MT) of imported coal to power generator National Thermal Power Corporation (NTPC).

The imported coal is required to meet the coal blending requirements of NTPC's power stations.

"Adani Enterprises will supply 4 MT of coal imported from global sources between March-June 2012 to NTPC's 14 power stations," the statement said.

The company will supply one MT of imported coal to NTPC's Talcher power stations, one MT for Farakka and Kahalgaon, 0.5 MT for Simhadri and Ramagundam, 0.8 MT for Dadri, Rihand, Singrauli, Tanda, Unchchar and Vindhyachal and 0.7 MT for Korba and Sipat stations.

Adani Enterprises is expected to mine 200 MT of coal per year in 2020. The company is also operating coal mines in India, Indonesia and Australia.