Coal traders in India with an interest in shipping are lining up for a lucrative supply contract involving a state-run utility company.
State-owned MP Power Generating Co (MPGENCO), based in the central province of Madhya Pradesh, is looking to import nearly 6.4 million tonnes of coal from Indonesia and Australia, according to sources.
Domestic suppliers including Ahmedabad-based Adani Group, New Delhi-based Lanco Infratech, Knowledge Infrastructure and Mercator Lines are expected to be in the race for the contract.
Sources
