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Tuesday, July 19, 2011

MMTC Seeks 600000 tonnes of imported coal

Tuesday, 19 Jul 2011

India’s biggest trader of metals and minerals MMTC Ltd is seeking 600,000 tonnes of imported steam coal for NTPC-SAIL Power Co.

According to a document inviting bids on a government website, the state owned trader has sought the fuel for NTPC-SAIL’s 500MW Bhilai power plant unit III in Chhattisgarh state.

Bids will be opened on July 27. The coal is for delivery during the financial years ending March 2012 and March 2013, with the first shipment scheduled for September. The supplies will range from 40,000 tons to 80,000 tons a month, according to the document.

MMTC is seeking thermal coal with a gross calorific value of 6,300 kilocalories a kilogram, total moisture content of 16% and sulfur content of 0.8%.

(sourced from Bloomberg)

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