India’s RINL seeks to import 375,000 mt of PCI coal

Tuesday, 30 July 2024 14:48:23 (GMT+3)   |   Kolkata

India’s government-run steel producer Rashtriya Ispat Nigam Limited is seeking global suppliers for 375,000 mt of pulverised coal injection (PCI) grade coal, company sources said on Tuesday, July 30.

The sources said that the last date for submission of bids from prospective global suppliers has been fixed for August 12.

RINL will tentatively accept deliveries in lots from August 2024 onwards.

Overseas PCI coal producers owning, managing and controlling coal mines and producing washed or unwashed PCI coal would be eligible to participate in the tendering process.

Overseas PCI coal suppliers offering PCI coal produced by overseas producers, duly backed by a Letter of Authority of the concerned PCI coal producer, specifically authorizing the said PCI coal supplier, will be eligible to submit offers and participate in the tendering.

Such suppliers will need to commit minimum assured supplies of 75,000 mt, the sources said.

AjoyDas
Ajoy Das
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I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

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