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Friday, February 11, 2011

Listrik Negara Unit Seeks 1.32 Million Tons of Coal in Contract

PT Pembangkitan Jawa Bali is calling for offers for as much as 1.32 million metric tons of coal under a one-year contract to supply the Paiton power plant in Indonesia’s East Java province. 

The unit of PT Perusahaan Listrik Negara, the state-owned utility, seeks supplies of about 110,000 tons of coal a month with a gross energy value of 4,700 kilocalories to 4,900 kilocalories a kilogram, the Surabaya, East Java-based company said in a notice on its website dated Feb. 7. 

Potential suppliers have until 3 p.m. local time tomorrow to register for the tender, the notice shows. 

The February price for low-quality coal with heating values of below 5,000 kilocalories a kilogram was set at between $63.34 and $87.06 a ton, the Directorate General of Coal and Minerals at the Energy Ministry said Feb. 8. Source: Bloomberg

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