American Electric Power Seeks Bids For Coal

COLUMBUS, Ohio, Sept. 30, 2016

AEP is seeking spot delivery proposals for up to 300,000 tons of coal, FOB barge, beginning in October 2016 and ending in December 2016. In addition, AEP is seeking spot delivery proposals for up to one million tons of coal, FOB barge, and up to 500,000 tons of coal, FOB CSX rail, in 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., Monday, Oct. 10, 2016. Proposals can be submitted by e-mail to cfwest@aep.com, or by mail to Chuck West, Manager, Fuel Procurement - Coal, 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 or Clint Stutler at (614) 716-6789.

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 31,000 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