American Electric Power (AEP), one of the largest electric utilities in the US that delivers electricity and custom energy solutions to nearly 5.4 million customers in 11 states, is seeking offers for the supply of coal to one or more of its power plants.
AEP is seeking spot delivery proposals for up to 300 000 short t of coal, FOB barge, beginning in October 2016 and ending in December 2016.
In addition, AEP is seeking spot delivery proposals for up to 1 million short t of coal, FOB barge and up to 500 000 short t of coal, FOB CSX rail, in 2017.
The company has reported it is open to alternative pricing structures or other innovative, value-added concepts. Proposals with alternative terms will be accepted. Accepted bids will be at AEP's discretion.
Read the article online at: https://www.worldcoal.com/coal/04102016/aep-seeks-coal-supply-bids-for-certain-power-plants/