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Thursday, 19 August 10
WBPDCL INDIA LAUNCHES SPOT COAL TENDER
COALspot.com: The West Bengal Power Development Corporation Limited (WBPDCL ), A Govt. of West Bengal Enterprise, has launched spot contract tender WBPDCL/Tend-Adv/PR/10-11/66/Corp dtd. 18.8.2010, for 1.2 million mt of imported coal to the Power Plants of WBPDCL. Bids close on September 20,2010.
Sealed tenders are invited in four part bidding system from experienced parties for Supply of Non-coking (steam) Coal of Foreign origin for Different Power Stations under WBPDCL. The four parts of the tender would be EMD – Earnest Money Deposit, Qualifying Requirement, Techno Commercial Bid & Price Bid. The bidder should have experience supply of at least one Million Metric Tons of Imported Non-coking Coal per year to any Power Utility in India directly or through PSU, during any 2 (two) financial years within last 5 (five) financial years. In support of the above, the bidder must enclose performance certificate.
Under tender, WBPDCL/Tend-Adv/PR/10-11/66/Corp dtd. 18.8.2010, WBPDCL sought 1.2 million mt of coal for the Period of 12 months.
The tender document says that, the bidder must furnish a firm and unconditional ‘Letter of commitment’ for USD 22.5 Million from any bank (As per list of Banks selected by WBPDCL provided in the tender documents) in India, valid for a minimum of one year and six months. In addition to LoC, bidders also requested to furnish a Bank Guarantee in the prescribed format from any of the scheduled banks mentioned in tender amounting to 2 million US Dollar towards EMD which shall be valid for a period of 90 days from the date of opening.
At this moment other details of tender such as quality of coal, name of delivery ports, delivery terms and payment terms are not available.
Additional information about the tender can be obtained at WBPDCL’s website
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Friday, 15 October 10
VALUE ADDED TAX FOR COAL TO RE-INTRODUCE IN INDONESIA
COALspot.com: Indonesian government is drafting a ministerial decree to re-introduce value added tax for coal and mineral. Coalindo weekly news lett ...
Thursday, 14 October 10
COAL PRICES AT QINHUANGDAO PORT UP - CAPITALVUE
Capitalvue reported that, prices of steam coal yielding 5,500 kilocalories per kilogram (kcal/kg) in Qinhuangdao Port have risen five yuan to 715-72 ...
Thursday, 14 October 10
DRY BULK MARKET MAINTAINS POSITIVE TREND ON FIRMER CHINESE IRON ORE DEMAND
The dry bulk market has kept its upward trend set since last week, with the industry’s main benchmark, the Baltic Dry Index (BDI) rising to 2, ...
Tuesday, 12 October 10
DRY BULK MARKET LOOKING FOR DIRECTION AFTER WEEK OF CAPESIZE GROWTH
The dry bulk market ended Monday unchanged from Friday’s closing, today standing at 2,695 points. In summary, the capesize and the supramax se ...
Tuesday, 12 October 10
COAL SPOT TRADING MAY SOOTH PRICING CONFLICTS - GLOBAL TIMES
Global Times reported that, Tianjin-based Bohai Commodity Exchange launched steam coal for spot trading for the first time Monday. Steam coal is mai ...
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- Directorate General of MIneral and Coal - Indonesia
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