Adani won 24 of 31 coal import tenders after government blending mandate?

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The Reel accurately retells Scroll's investigation into how mandatory coal import orders led to massive contracts for Adani Enterprises and higher power tariffs. Scroll's investigation established that after the Power Ministry mandated 10% coal imports in 2022, Adani Enterprises secured 24 out of 31 NTPC tenders, resulting in a 200% profit surge for its coal division. Power distributors like Damodar Valley Corporation confirmed passing these higher imported coal costs on to consumers through tariff hikes. The Ministry of Power maintained that the import directives were necessary due to severe domestic coal shortages.

6 claims checked
3 sources
Checked 30 Oct 2026
Main source: How Adani profited from government coal import order that raised electricity prices across India

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As the Modi government made it mandatory for power-producing companies to import 10% of their coal needs, even BJP-ruled states like Uttar Pradesh resisted.…

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What we checked

The Modi government made it mandatory for power-producing companies to import 10% of their coal needs.“In May 2022, citing domestic coal shortages, India’s power ministry had directed all thermal power producing companies in the country to mandatorily import 10% of their coal needs.”How Adani profited from government coal import order that raised electricity prices across India

Telangana government stated that coal import would cause an additional financial burden of 3,000 crore rupees, raising electricity prices.“In May 2022, citing domestic coal shortages, India’s power ministry had directed all thermal power producing companies in the country to mandatorily import 10% of their coal needs.”How Adani profited from government coal import order that raised electricity prices across India

The Power Ministry threatened that if 10% coal was not imported, 5% of domestic coal supply would be cut.“the ministry issued directions to all gencos on May 18 that if the orders for import of coal are not placed by them by May 31, 2022 and if the imported”Imported Coal: Power Ministry modifies norms for pass through of cost of imported coal - The Economic Times

Between 2021 and 2024, out of 31 import tenders, 24 went to Adani Enterprises Limited.“In May 2022, citing domestic coal shortages, India’s power ministry had directed all thermal power producing companies in the country to mandatorily import 10% of their coal needs.”How Adani profited from government coal import order that raised electricity prices across India

In 2022, electricity prices increased by 71 paise per unit.“DVC said it had to pass on the increased cost of production since it had to import high priced coal for the Centre's 10% blending norms.”DVC’s power tariff hike gives ground to West Bengal discom to offer cheaper power - Industry News | The Financial Express

In October 2021, Arvind Kejriwal said that Delhi's thermal power plants had a coal shortage.No reliable source found for this yet.

What the Reel doesn't tell you

The Ministry of Power stated that mandatory coal imports were ordered due to critical domestic coal shortages and low stockpiles at over 100 power plants to prevent widespread power outages.
Adani Group denied Hindenburg Research's allegations regarding linked companies (Scroll).
The Ministry of Power cited severe domestic coal shortages and low plant stock levels when mandating the 10% coal import directive (Scroll, The Hindu).

Short version

✅ TRUE 👉 Scroll's investigation established that after the Power Ministry mandated 10% coal imports in 2022, Adani Enterprises secured 24 out of 31 NTPC tenders, resulting in a 200% profit surge for its coal division. 📰 Source: Scroll 🔎 Full check: send this Reel to @checkthis.chat