India: Torrent Power issues tender seeking 38 LNG cargoes

Indian power company, Torrent Power, launched a tender seeking the supply of a total of 38 LNG cargoes for delivery from 2017 to 2021.  

According to the company’s tender document, the supply term is divided into three periods with the first one starting in April 2017 and lasting until December 2019.

During the first period, Torrent Power is looking for the supply of 22 cargoes, with eight cargoes to be delivered in the two following supply windows.

The second period starts in January 2020 until December the same year with the last supply period starting in January 2021 until December 2021.

Torrent Power is looking for cargoes in volumes between 125,000-cbm and 175,000-cbm, on delivered ex-ship (DES) basis to Petronet’s Dahej LNG terminal where the power utility reserved storage and regasification capacity from April 2017 onwards.

Bidders are invited to submit offers with fixed prices, brent-linked prices or a mix of the both options.

Tender documents show that the deadline for bid submissions is November 14.

LNG World News Staff