Vizag Steel Seeks Overseas Suppliers for Purchase of PCI Coal

Rashtriya Ispat Nigam Limited is a navratna PSE under the ministry of steel. Visakhapatnam Steel Plant popularly known as Vizag Steel.

The company has invited Expression of Interest (EoI) for purchase of PCI coal for long term basis from overseas suppliers, who should have their own mines/marketing rights for supply. This long term agreement is generally concluded for 3 years. However, buyer can extend this agreement for another 2 years.

Eligibility criteria

1. The bidder should have their own/manage and control the mines producing PCI coal.
2. The bidder should have exported minimum 150,000 MT PCI coal in last two years.
3. The bidder should have sole marketing rights from the major mines owners.
4. The bidder should be willing to offer a quantity of at least 150,000 MT per year for minimum period of 2 years.

Note: Existing long term suppliers of low ash coking coal/PCI coal to RINL/SAIL are not eligible to participate against this notice.

Specification of item

1.Total moisture (max): 13.0 %
2.Inherent moisture (max): 5.0 %
3.Volatile matter: 18-27%
4.Ash (max): 10%
5.GCV (min): 6,800 kcal/kg
6.Sulphur (max): 0.70 %