© business-standard.comCBI books Adani Enterprises, three others for alleged irregularities in coal supply contract
The Central Bureau of Investigation (CBI) on Wednesday registered a first information report against Gautam Adani-led Adani Enterprises, two former executives of National Cooperative Consumers’ Federation of India (NCCF), and others, for criminal conspiracy and corruption in awarding the contract for supply of imported coal to an Andhra Pradesh-based power company.
The matter dates back to 2010, when Andhra Pradesh Power Generation Corporation (APGENCO) had floated a tender for the supply of 600,000 metric tonnes of coal on free-on-rail destination basis to Dr Narla Tata Rao Thermal Power Station, Vijayawada, and Rayalseema Therma Power Plant, Kadapa, from any port.
Following the tender notice, NCCF called for bids. That July, NCCF received bids from six entities — Adani Enterprises, Vyom Trade Links, Maheshwari Brothers, Coal Swarana Projects, Gupta Coal India and Kyori Oremen.