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Thursday, 08 July 10
KPCL RECEIVES 8 QUALIFIED BIDS TO SUPPLY 500,000 MT OF COAL


COALspot.com: Indian state utility KARNATAKA POWER CORPORATION LIMITED  has opened price bid yesterday.

According to a participant, the quoted prices for 6000 kcal/kg coal were between US$ 95.18 to US$125.65 per MT on the delivered basis.  According to the tender requirement, KPCL was looking for Gross Calorific value (adb) of  5600 - 6300 kcal/kg, Total Moisture (arb) 15 - 23%, Ash (adb) 10 - 14% and Sulphur ( adb) 0.8% max.

Gupta coal was offered lowest delivered price compare to other coal suppliers who were participated in the recent tender to supply 500,000 MT of coal for the period of 10 – 12 months. Gupta coal was a winner of previous tender of KPCL to supply 850,000 MT of coal. Our source said, "Gupta was supplying Indonesian coal to KPCL against the last tender".

The delivered price of previous tender was slightly lesser than the recent tender price. 

Gupta has offered INR 4,458  (US$ 95.03)  followed by Visa INR 4,795 (US$ 102.38) per MT on the delivered basis.

Sources related to this tender said, the offered delivered price is including FOB price, sea freight, customs duty, stevedoring charges and railway freight. The delivered price of US$ 95.03 is roughly works out to US$ 74.75 CNF Chennai for GCV (adb) 6000 kcal/kg and Total Moisture (arb) 15%

Other tender participants such as Knowledge Infrastructure , Adani & Bhatia , MSTC, Coastal Energy & Anik Industries have offered $103, $105.15, $115.12, $122.28 & $125.84 respectively. Adani & Bhatia has offered the same price in this tender.

The successful bidder must start supplies within 40 days from the date of award.
1 USD = ~46.83



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