State Trading Corporation of India Ltd is seeking as much as 3 million t of steam coal for five thermal power plants in eastern India, according to tender documents posted on the company’s website.
Offers to supply coal with 6300 kilocalories/kg should be submitted by 18th February for deliveries through March 2015. The state trading company is seeking imported coal with 16% moisture and 10% ash. Damodar Valley Corporation owns the five power plants that will use the imported coal.
India is the third largest user of coal in the world, importing 12.76 million t in November 2013, up 10% from the same month in 2012, according to shipping company Interocean Group. Coal India Ltd, the world’s largest producer and biggest supplier of coal to Indian power plants, currently faces production shortages due to delay in starting new mines.
Coal India expects to miss its 482 million t output target for the fiscal year to 31st March by 7 million t, according to company chairman S. Narsing Rao.
NTPC Ltd, India’s largest power producer, plans to import 16 million t of coal in the year through March, almost twice as much compared to 2012.
Edited from various sources by Katie Woodward
Read the article online at: https://www.worldcoal.com/power/24012014/india_state_trading_seeks_coal_imports_445/