Vedanta Limited, is a leading producer of metallurgical grade alumina and other aluminium products, which cater to a wide spectrum of industries.
The company has invited tender for purchase of 100,000 MT Fuel grade Pet coke of any origin in bulk. The company need total material in two separate shipments of 50,000 MT each at Vizag/Dhamra port. This material is for plants based in Odisha and Chhattisgarh. The offer price should be on FoB or CIF basis.
Delivery period of the item is from Apr-May’16. During quality check, the load port analysis is final in case of FoB and discharge port analysis is final in case of CIF. Interested parties can send the proposal for this tender or e-mail up to 7 Mar’16.
Payment terms
Payment will be made through Irrevocable Letter (IL) payable at 90 days after Bill of Lading (B/L) date.
Taxes/duties
Any taxes, duties/levies and licenses related with export of Pet coke from the country of origin shall be for bidder’s account. Bidder needs to represent that they have compiled with all applicable laws, rules & regulations, scheme, directions or orders and have not violated any laws by entering into this agreement.
Imported Pet coke offers to India
Current offers for imported Pet coke are hovering in the range of USD 43-46, CFR India.
Pet coke import to India in FY16
India imported 7.9 MnT Pet coke in FY16 (till Jan’16). Majority of the material is been imported from US and Middle East countries.
| Months | Quantity (MT) |
| Apr’15 | 850,450 |
| May’15 | 478,800 |
| Jun’15 | 617,870 |
| Jul’15 | 862,450 |
| Aug’15 | 957,910 |
| Sept’15 | 811,100 |
| Oct’15 | 854,550 |
| Nov’15 | 793,100 |
| Dec’15 | 631,770 |
| Jan’16 | 1,071,000 |
| Total | 7,929,000 |
Source: SteelMint Research
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