India’s largest thermal power generating company, NTPC has invited an EoI for long term tie-up with companies across the globe for supply of imported coal catering the requirement of its various power plants.
In FY14, NTPC consumed about 10.8 MnT imported coal and aims to tune it upto 17 MnT in FY15. As per the requirement of imported coal for power generation at its 38 power stations, with present installed capacity of 43,128 MW, the company is now looking for long term tie-up with the interested companies across the globe.
The tie-up shall be put forward for minimum 5 years so accordingly the companies are required to offer long term commitment depending upon the coal production. Also, the required coal should varies within the range of GAR 4,200-6,000.
The interested companies shall supply coal on CIF basis at specified ports or FOB basis or FOR power station basis to various power stations of NTPC located across the country. However, the preference of long term tie-up for supply of imported coal shall be given to mine owners, who are wiling to supply on FOR basis. In case of supply on FOR power station basis, interested companies have to arrange transportation through rail.
Eligibility Criteria for Submission of Proposal
Companies should have operating coal mines outside India. Also, they should provide details regarding their operating mines that include production capacity, actual production in past 5 fiscal years, production schedule for the offered period, logistic arrangement, connectivity to ports and port handling capacities.
Interested companies can submit their details till 02 Dec, 2014 at 15.00 hrs.
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