Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel has invited a global tender for purchase of 100,000 MT imported boiler coal at Visakhapatnam, India.
The company wants to supply in 2 shipments of parcel size 50,000 MT each. As per RINL if the offered quantity by bidder is less than 50,000 MT, it should not be considered for further evaluation.
The delivery of entire quantity shall be completed within 12 weeks from the date of acceptance of the tender or LOI. Company needs the complete material before February’18.
Only established coal producers owing coal mines and producing ‘Boiler Coal’ or coal suppliers offering coal duly backed by a letter of authority in original of the concerned coal mining agency are eligible to participate in this tender.
Specification of item:
| Technical Parameters | Desired | Absolute |
| Volatile Matter | 30%-45% | 30%-45% |
| Ash | 10% max | 12% max |
| Sulphur | 0.8% max | 0.9% max |
| GCV | 6,300 min | 5,800 min |
| Total Moisture | 16% max | 20% max |
RINL has been majorly importing Coking coal for steel making operations, however it has also sourced Non Coking(Boiler Coal) from Russia and Indonesia as well.
Indonesian coal index for 5,800 GAR fell by USD 0.22/MT this week to USD 79.19/MT on account of reduced buying from Chinese buyers. While Indonesian 5,500 GAR coal was assessed at USD 73-74/MT, FoB Kalimantan. Both these grades of coal fall under the desired range of 6,300-5,800 kcal/kg Gross calorific value(on Air Dried Basis) required by the company.
Russian 6,000 NAR coal was assessed at USD 85.75/MT, FoB Russia Baltic.
Tender schedule (IST):
Bid submission due date is 15th Nov’17 at 10:30 Hrs.
For contact details view tender section:
http://www.steelmint.com/tender/global-tender-for-purchase-of-boiler-coal-8547
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