Manila's Napocor buys 130,000 T coal from Indonesia

Tag : pt indonesia


MANILA, July 15 (Reuters) - Top Philippine electricity producerNational Power Corp (Napocor) has awarded contracts for two lots of65,000 tonnes of regular coal to an Indonesian supplier at $188 atonne, including cost and freight, it said on Tuesday.
The contract to supply 130,000 tonnes, or 2 Panamax shipments, forthe Sual plant north of Manila, was awarded to Indonesia's PTKaltim Prima Coal, said Juan Carlos Guadarrama, a senior Napocorofficial.
The contract for the 2 lots of regular coal was for a guaranteedgross calorific value of 6,100 kcal/kg.
The coal for the 1,294-megawatt Sual plant is slated for deliverybetween Sept. 30 and Oct. 9 and then Dec. 21 to 30.
Guadarrama said state-run Napocor was waiting for final governmentapproval for three other contracts awarded to three Indonesianproducers for 175,000 tonnes of blending coal, also for Sual at$206 a tonne C&F.
Under the deals, PT Indominco Mandiri, PT Kaltim Prima Coal, andManyplus Enterprises SDN BHD will supply 65,000 tonnes, 65,000tonnes and 45,000 tonnes of coal for Sual respectively for deliveryfrom September to December.
Guadarrama said Napocor was also seeking offers from previoussuppliers to supply 65,000 tonnes of high-performance coal for thePagbilao plant after a lone offer last week was rejected becausethe asking price was above the approved budget.
Napocor is left with three-coal fired power plants after it soldoff the 600-megawatt Masinloc and 600-megawatt Calaca facilities aspart of a power privatisation programme.
Napocor sources most of its coal requirements from foreignproducers and traders from China, Indonesia and Australia.(Reporting by Karen Lema; Editing by Carmel Crimmins)
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