MMTC Ltd., India’s largest state- owned trading company, is seeking bids for the supply of 1.3 million metric tons of coal to feed power plants run by NTPC Ltd. and other government utilities, an MMTC official said.
The fuel, which will be supplied from Indonesia over six months starting November, will have a calorific or heating value of 6,300 kilocalories, said the official, who declined to be identified because he isn’t authorized to speak to the media.
India’s thermal coal imports rose to 44 million tons in the year ended March 2010 from 38 million tons a year earlier, according to data from the nation’s coal ministry. The International Monetary Fund revised India’s 2010 economic growth forecast in July to 9.4 percent from its earlier prediction of 8.8 percent in April.
The coal will be used in power plants located in northern and central India, the official said.
MMTC has asked for 300,000 tons of coal for the Bhilai plant operated by a venture between NTPC, India’s largest power producer, and the Steel Authority of India Ltd., 360,000 tons for a venture between NTPC and the Haryana state utility in Jhajjar, 175,000 tons for the Haryana utility and 500,000 tons for the Uttar Pradesh state utility, the official said.
Tender documents for the two NTPC facilities will be opened on Sept. 23 and the rest on Sept. 28, the official said.
Source : Bloomberg
1 comment:
Fascinating facts . thanks for sharing it with us
Post a Comment