American Electric Power (NYSE: AEP) said on Sept. 14 that it is seeking offers for the supply of high Btu, mid-sulfur coal, delivered by rail or barge, to one or more of its generating stations.
AEP, which buys coal through American Electric Power Service Corp. (AEPSC), is seeking spot proposals for a requirements agreement, for up to 60,000 tons of coal per month, with deliveries beginning in January 2013 and ending in December 2013. Proposals with alternative terms will be accepted. Accepted bids will be at AEP’s discretion. Proposal packages must be received by AEPSC no later than 5 p.m. on Sept. 26.
The offers would be under the company’s “A” coal specs, which include 12,800 Btu/lb, 8% moisture, 8% ash and 3.1 lbs/mmBtu of SO2. No specific destination power plants are named in the RFP.