NTPC Tamilnadu Energy Company Limited (NTECL) has floated a global tender for purchase of 0.85 MnT Imported Non-Coking Coal.
NTECL, the power company formed as a result of the joint venture between NTPC and Tamilnadu Generation and Distribution Corporation (TANGEDCO) on a 50:50 equity basis, has commissioned 3×500 MW coal based power project at Vallur, Tamil Nadu.
Total generation of NTECL during FY18 was 7,168 MUs, yielding a profit of INR 33.45 Crore.
The company had procured coal imports previously for blending with domestic coal, but the volume of imports had remarkably fallen over the year.
As per the data provided by power ministry, coal imports at NTECL have decreased 84% Y-o-Y to 0.303 MnT in FY18, compared with 1.921 MnT in FY17.
The company has come up with a new tender for procuring imported coal of origin other than India on CIF basis.
Requirements:
Bidders shall declare the coal mines outside India from where they are intending to supply coal.
The bidder should have imported/exported and supplied a minimum of 0.383 MMT of any dry bulk (solid) commodity, like coal, iron ore, fertilizers, chemicals, cement, etc. of origin other than India to any firm, in any continuous twelve months, in one or multiple contracts during the past three years reckoned from the date of techno-commercial bid opening.
The average annual turnover of the bidder in the preceding three financial years, as on the date of Techno-commercial bid opening, should not be less than INR 175.55 Crore.
Due date (IST):
Due date of bid submission is 01 Nov’18 till 17:00 hrs and the techno-commercial opening is scheduled on 02 Nov’18 at 11:00 hrs.
For contact details and other information view TENDER SECTION

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