Southern seeks quick bid offers for Q1 2014 PRB spot coal

Southern Co. (NYSE: SO) went for bids, with a quick turnaround deadline of Nov. 14, to submit those bids, on 1.2 lbs/mmBtu of SO2 or less sub-bituminous coal to meet a portion of the short-term requirements at its Powder River Basin-fired power plants.

The company is considering the purchase of up to 400,000 tons for January through March 2014 deliveries. There would be a total of up to 25 trains for the period. The sellers are requested to submit pricing based on fixed price f.o.b. mine.

Internet Bids only will be received through 5:00 p.m. CST on Nov. 14.

The buyer is looking for suppliers to provide any flexibility/option tons in scheduled shipments. If suppliers so desires to provide any flexibility, the conditions of the flexibility can be outlined under the comment section of the bid. It is not the intent of the buyer to resell or remarket flexible/option quantities.

Offers from all Burlington Northern Santa Fe Railway (BNSF) origins will be considered.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.