LCC tightens rules, floats tender for 2.28mn MT of coal for 2026–27 season View(s):By Namini WijedasaLanka Coal Company (Pvt) Ltd (LCC) this week floated a tender for 2.28 million metric tonnes (MT) for the 2026-27 season, changing several of the bid conditions with the objective of avoiding a procurement similar to the ongoing fiasco of substandard coal. While some of the terms have been tightened, the tender this time is open to “eligible and qualified coal suppliers”, rather than the usual “registered” coal suppliers. To qualify, a bidder should have supplied more than 2 million MT of coal in the past 36 months, including a minimum of 1 million MT with gross calorific value (GCV) of 5,900 kcal/kg or above. In the last tender, companies with experience of supplying more than 500,000 MT of any coal type in the last 36 months were eligible, and just 100,000 MT of coal above 5,900 GCV. Earlier, the seller was responsible for selecting a laboratory for testing load port samples.

Source: Sunday Times April 04, 2026 18:48 UTC