India’s MMTC Seeks to Import 900,000 Tons of Coal for NTPC-SAIL

MMTC Ltd. (MMTC), India’s biggest trader of metals and minerals, is seeking to import 900,000 metric tons of coal for NTPC-SAIL Power Co.

The state-owned trader plans to buy the coal for NTPC- SAIL’s 500-megawatt power plant at Bhilai in the central state of Chhattisgarh, according to a bid document on MMTC’s website.

The last date for receiving bids is Sept. 11, the New Delhi-based company said. The first shipment is scheduled for November and deliveries ranging from 40,000 tons to 80,000 tons a month will continue until March 2014, according to MMTC.

The coal must have a gross calorific value of 6,300 kilocalories a kilogram, total moisture content of 16 percent and sulfur content of 0.8 percent.

NTPC-SAIL Power is a venture between NTPC Ltd., India’s biggest power producer, and Steel Authority of India Ltd. (SAIL), the nation’s second-biggest producer of the alloy. The company supplies power to SAIL’s steel plants at Bhilai, Durgapur and Rourkela, according to its website.

To contact the reporter on this story: Archana Chaudhary in New Delhi at achaudhary2@bloomberg.net

To contact the editor responsible for this story: Sam Nagarajan at samnagarajan@bloomberg.net

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