Coal news and updates

NTPC yet to open price bid for 5.0 mt imported coal tender

July 28: NTPC Ltd, which had on July 2 floated four separate invitation for bids (IFBs) to procure a total of 5.0 million tons (mt) imported coal on FOR basis for its 12 power plants is yet to open the technical bids, a source said.

“The company has received a few bids and is right now assessing the bids following which the technical bids will be opened,” the source said.

As per the IFB, NTPC was looking to procure 1.80 mt coal for Talcher, Kaniha, Farakka and Kahalgaon plants, 1.60 mt for Simhadri and Ramagundam plants, 0.90 mt for Dadri, Sipat, Korba and Mouda plants; and 0.70 mt for Rihand and Vindhyachal plants.

The supplies against this IFB are likely to commence after December 2014, the source said.

It is not yet clear as to how many suppliers have participated in the tender, the source added.