STC Invites Tender for Purchase of 650,000 MT Indonesian Coal

The State Trading Corporation of India Limited (STC) is a premier international trading company of the Government of India engaged primarily in exports, and imports operations. The company has invited a two part tender for purchase of 650,000 MT low sulphur (sulphur ≤ 0.20 %) Indonesian coal; maximum 60,000 MT per month for a period of one year in behalf of Bharat Oman Refineries Limited (promoted by Bharat Petroleum Corporation Limited).

The delivery period is from Jan’16 to Dec’16, on F.O.R. destination at refinery site basis at Bharat Oman Refineries Bina, Madhya Pradesh, India. The first cargo to be delivered tentatively by Jan’16.

Technical Specification of Coal:

1.Analysis:
Carbon (ADB) – 56% Min.
Sulphur (ADB) – 0.2% Max.
Ash (ADB) – 8% Max.
Total Moisture (ARB) – 28% Max.
GCV (ARB) – 4600 Kcal/Kg Min.

2.Size: 100 mm Max.

Pre-Qualification Criteria:

1.Experience Criteria:

a)Bidder need to submit the company profile, resources & logistic details, company registration details, order copies etc. along with technical bid.
b)The bidder shall have experience of supply of coal, on single point responsibility basis at least for minimum quantity of 500,000 MT in single order, in any one year during the last three preceding financial years.
c)Documentary evidence for tie- ups, agreements, lease with mine holder for supplying Indonesian/imported coal shall be provided by the bidder along with bid. Source of supply (mines) & capacity details is also need to be mentioned.
d)Consortium/joint bids shall not be accepted.

2.Financial Criteria:

a)The annual turnover of the bidder should be at least of INR 3.5 Billion in any of the year in last three preceding audited financial years.
b)Net-worth of the bidder during the last financial year should be positive. However, bidders having negative net-worth will also be considered provided all his annual reports for the preceding three financial years indicate profit after tax. Bidder shall furnish audited financial statements of last three years.

Due date for submission of bid and opening of techno-commercial bids is on 01 Dec’15 at 15:00 Hrs (IST) and 01 Dec’15 at 15:30 Hrs (IST) respectively. The pre-bid meeting is scheduled on 18 Nov’15 at 11:00 Hrs.