COLUMBUS, Ohio, March 22, 2010 – American Electric Power (NYSE: AEP) is seeking offers for the supply of coal to one or more of its generating stations.
AEP is seeking spot-coal delivery proposals for up to 150,000 tons of coal per month, delivered by rail or barge beginning in July 2010 and ending in December 2010 and also beginning in January 2011 extending through December 2011. Additionally, AEP is seeking term-delivery proposals for the supply of up to two million tons per year, delivered by rail or barge beginning Jan. 1, 2011 for a term of three to five years. AEP will consider procuring Illinois Basin coal, contingent on the results of test burns the company plans to conduct this year. The actual accepted length of all bids will be at AEP’s discretion. AEP is open to alternative pricing structures or other innovative, value-added concepts. Proposals with alternative terms will be accepted.
Coal Proposal Package(s) must be received by AEP no later than 5 p.m., Wed., March 31. Proposals can be submitted by e-mail to email@example.com
, by fax to (614) 583-1619 (Attn. Todd Adkins), or by mail to Todd Adkins, Manager, Eastern Fuel Procurement, American Electric Power Service Corp., 155 W. Nationwide Blvd., Suite 500, Columbus, Ohio 43215. Complete details about the Requests for Proposals are available at www.aep.com/go/coaloffers or by calling Todd Adkins at (614) 583-7462 or Denzil Welsh at (614) 583-7501.
-AEPSC Coal RFP
-Spot Coal Proposal Form
American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation’s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765 kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP’s transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas. AEP’s utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP’s headquarters are in Columbus, Ohio.