American Electric Power Seeks Bids for Coal

COLUMBUS, Ohio, Feb. 7, 2017 /PRNewswire/ -- American Electric Power AEP is seeking offers for the supply of coal to one or more of its generating stations.

AEP is seeking spot delivery proposals for up to 500,000 tons of Central Appalachian (CAPP) coal, FOB barge, beginning in April 2017 and ending in September 2017. In addition, AEP is seeking spot delivery proposals for up to 1.5 million tons of CAPP coal, FOB barge, beginning in January 2018 and ending in December 2018. AEP also is seeking spot delivery proposals for up to 1.2 million tons of Powder River Basin (PRB) coal, FOB rail, beginning in April 2017 and ending in December 2017. AEP is open to alternative pricing structures or other innovative, value-added concepts. Proposals with alternative terms will be accepted. Accepted bids will be at AEP's discretion.

Proposal packages must be received by AEP no later than 5 p.m., Tuesday, Feb. 14, 2017. Proposals can be submitted by e-mail to fuelsrfp@aep.com, or by mail to Chuck West, Manager, Coal Procurement, American Electric Power Service Corp., One Riverside Plaza, 14th Floor, Columbus, Ohio 43215. Complete details about the Requests for Proposals are available at www.aep.com/go/coaloffers or by calling West at (614) 716-6117, Clint Stutler at (614) 716-6789 or Amanda Torgerson at (614) 716-6222.

American Electric Power is one of the largest electric utilities in the United States, delivering electricity and custom energy solutions to nearly 5.4 million customers in 11 states. AEP owns the nation's largest electricity transmission system, a more than 40,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP also operates 224,000 miles of distribution lines. AEP ranks among the nation's largest generators of electricity, owning approximately 26,000 megawatts of generating capacity in the U.S. AEP also supplies 3,200 megawatts of renewable energy to customers. 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.

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SOURCE American Electric Power