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Wednesday, 10 November 10
NTPC TO IMPORT 12 MILLION TONS OF COAL IN 2011
COALspot.com: India's State Trading Corp Ltd a public sector Govt of India co. is looking for 12 million tones (+/- 2%) of imported coal for NTPC. The tender submission was originally slated for 8th Nov 2010 and the same has been extended to 12.11.2010.
According to a trader who is familiar with the tender, STC/ NTPC as per the tender terms will not give all total requirements to one single supplier and wish to split between three suppliers.
The first lowest bidder will be awarded fifty percent of total quantity tendered (6 million tons) and second and third lowest bidders will be shared 30 percent and 20 percent respectively of the total tendered quantity if they match the L1 price. However, incase the second and third lowest bidders were not interested to match lowest bid, then the remaining quantity to be re tendered.
The bidders are required to be submit their bids on or before 12 November 2010 and the delivery of cargo would be in 2011.
The trader further said that in addition to the stringent pre qualification requirements the bidders have to furnish huge amount by way of EMD to the tune of Rs.141 crores (approx US$ 33Mn).
Another Indian trader said, Indonesian origin of coal to be the most competitive for Indian state power plants in the past. He further added that, many of the bidders are looking at other origins of coal in view of the recent hike of Indonesian prices and other Governmental restrictions and the threat of VAT implementation as the tender specifies the price to be inclusive of all taxes and duties. The pricing is based on Indian CERC formula. However, major quantity can be from Indonesia.
Indonesian Coal price reference for November loading has increased to $ 95.51 per MT and expecting to increase further next Month.
According to Indonesian big scale producers, Indonesian producers are offering higher price for 2011 supplies as 5900 GAD or 5200 GAR coal being offered at US$ 82 plus for 1Q 2011 delivery.
STC replaced MMTC, which previously bought imported coal on behalf of the state utility. Indian based or Indian companies who are operating from overseas are expecting to dominate this tender compared to 100 percent overseas companies.(cs)
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Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...
Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...
Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up.
The BDI was almost at sam ...
Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy
The Atlantic markets are weak and remained unusually calm after the Thanksgiving ...
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- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Heidelberg Cement - Germany
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
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- South Luzon Thermal Energy Corporation
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Economic Council, Georgia
- The Treasury - Australian Government
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Central Java Power - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Bhoruka Overseas - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Therma Luzon, Inc, Philippines
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Standard Chartered Bank - UAE
- Kideco Jaya Agung - Indonesia
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Intertek Mineral Services - Indonesia
- Medco Energi Mining Internasional
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Star Paper Mills Limited - India
- Riau Bara Harum - Indonesia
- MS Steel International - UAE
- Petron Corporation, Philippines
- PTC India Limited - India
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Australian Coal Association
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Lanco Infratech Ltd - India
- Ministry of Mines - Canada
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- White Energy Company Limited
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Sojitz Corporation - Japan
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
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