September 08, 2008

CFE re tenders for coal requirements

Reuters reported that Mexican state utility CFE has issued an emergency re tender for 390,000 tonnes of coal for delivery in April and May 2008

Suppliers said that CFE earlier this year awarded a tender for 4.9 million tonnes coal for delivery March to December for its Petacalco plant to local traders Ailia. But Ailia failed to produce the necessary performance bond, forcing CFE to go to the spot market for immediate delivery fuel.

CFE said that this week that it had been burning fuel oil at its Petacalco plant.