COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Saturday, 13 November 10
INDONESIA SHIPPED 8.73 % MORE COAL IN OCTOBER THAN A MONTH EARLIER
COALspot.com: Indonesia, the world largest coal exporter, shipped 23.55 mln mt of coal in October 2010, which is 8.73 percent more compared to Septe ...


Friday, 12 November 10
BANPU'S NET PROFIT HAS INCREASED 249 PERCENT IN 3Q 2010 COMPARED TO THE SAME PERIOD LAST YEAR
COALspot.com: Banpu Public Company Limited (BANPU) reports its financial performance for the third quarter 2010, posting a net profit of THB 13,293 ...


Friday, 12 November 10
DRY BULK MARKET STILL ON A FREEFALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market failed to show any signs of life this week, with the Baltic Dry Index (BDI) still being on the red, now stretching more than 11 ...


Thursday, 11 November 10
KOMIPO WANTS 400KT OF SUB BITUMINOUS COAL
COALspot.com : Korea Midland Power Co. Ltd. (KOMIPO) is looking for 400,000 MT of sub bituminous coal through International open bidding. The delive ...


Tuesday, 09 November 10
NOBLE GROUP APPOINTED AS THE EXCLUSIVE MARKETING AGENT FOR PT. BERAU COAL
COALspot.com: Noble Group Limited has recently been appointed as the exclusive marketing agent for PT. Berau Coal production exported to internation ...


   1105 1106 1107 1108 1109   
Showing 5531 to 5535 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • The University of Queensland
  • Credit Suisse - India
  • Independent Power Producers Association of India
  • PTC India Limited - India
  • Kumho Petrochemical, South Korea
  • AsiaOL BioFuels Corp., Philippines
  • Ind-Barath Power Infra Limited - India
  • Mitsui
  • Vitol - Bahrain
  • Noble Europe Ltd - UK
  • Gupta Coal India Ltd
  • Petron Corporation, Philippines
  • Bukit Baiduri Energy - Indonesia
  • The India Cements Ltd
  • Merrill Lynch Commodities Europe
  • Bahari Cakrawala Sebuku - Indonesia
  • Siam City Cement PLC, Thailand
  • McConnell Dowell - Australia
  • CESC Limited - India
  • Medco Energi Mining Internasional
  • JPMorgan - India
  • Chettinad Cement Corporation Ltd - India
  • Central Java Power - Indonesia
  • Jatenergy - Australia
  • Australian Commodity Traders Exchange
  • Power Finance Corporation Ltd., India
  • Makarim & Taira - Indonesia
  • Thriveni
  • IBC Asia (S) Pte Ltd
  • Indian Oil Corporation Limited
  • Directorate General of MIneral and Coal - Indonesia
  • Kepco SPC Power Corporation, Philippines
  • Britmindo - Indonesia
  • SUEK AG - Indonesia
  • Arch Coal - USA
  • Grasim Industreis Ltd - India
  • London Commodity Brokers - England
  • WorleyParsons
  • Planning Commission, India
  • Alfred C Toepfer International GmbH - Germany
  • GHCL Limited - India
  • TRAFIGURA, South Korea
  • Straits Asia Resources Limited - Singapore
  • DBS Bank - Singapore
  • Minerals Council of Australia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bayan Resources Tbk. - Indonesia
  • India Bulls Power Limited - India
  • SRK Consulting
  • Thomson Reuters GRC
  • Altura Mining Limited, Indonesia
  • HSBC - Hong Kong
  • Lanco Infratech Ltd - India
  • Runge Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Posco Energy - South Korea
  • KPMG - USA
  • SN Aboitiz Power Inc, Philippines
  • Kobexindo Tractors - Indoneisa
  • Karaikal Port Pvt Ltd - India
  • Cigading International Bulk Terminal - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Toyota Tsusho Corporation, Japan
  • LBH Netherlands Bv - Netherlands
  • Salva Resources Pvt Ltd - India
  • ANZ Bank - Australia
  • KOWEPO - South Korea
  • Parry Sugars Refinery, India
  • Thermax Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Qatrana Cement - Jordan
  • Agrawal Coal Company - India
  • Uttam Galva Steels Limited - India
  • Fearnleys - India
  • PNOC Exploration Corporation - Philippines
  • Gujarat Mineral Development Corp Ltd - India
  • Manunggal Multi Energi - Indonesia
  • Bank of America
  • TNPL - India
  • Wilmar Investment Holdings
  • Vizag Seaport Private Limited - India
  • SGS (Thailand) Limited
  • OCBC - Singapore
  • MEC Coal - Indonesia
  • Panama Canal Authority
  • PetroVietnam
  • Chamber of Mines of South Africa
  • Coaltrans Conferences
  • TGV SRAAC LIMITED, India
  • Central Electricity Authority - India
  • Coalindo Energy - Indonesia
  • NTPC Limited - India
  • Cardiff University - UK
  • Shenhua Group - China
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Berau Coal - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • JPower - Japan
  • Anglo American - United Kingdom
  • Cosco
  • Asmin Koalindo Tuhup - Indonesia
  • Vale Mozambique
  • Commonwealth Bank - Australia
  • Dalmia Cement Bharat India
  • PLN Batubara - Indonesia
  • Tamil Nadu electricity Board
  • Indogreen Group - Indonesia
  • Sucofindo - Indonesia
  • Renaissance Capital - South Africa
  • Sakthi Sugars Limited - India
  • Idemitsu - Japan
  • Xindia Steels Limited - India
  • Humpuss - Indonesia
  • Indian Energy Exchange, India
  • Meralco Power Generation, Philippines
  • Ministry of Finance - Indonesia
  • Freeport Indonesia
  • ACC Limited - India
  • Thailand Anthracite
  • Leighton Contractors Pty Ltd - Australia
  • Maruti Cements - India
  • Mjunction Services Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Maheswari Brothers Coal Limited - India
  • Australian Coal Association
  • Kohat Cement Company Ltd. - Pakistan
  • Siam City Cement - Thailand
  • Borneo Indobara - Indonesia
  • Energy Link Ltd, New Zealand
  • Pendopo Energi Batubara - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Wood Mackenzie - Singapore
  • Enel Italy
  • BNP Paribas - Singapore
  • Oldendorff Carriers - Singapore
  • Madhucon Powers Ltd - India
  • Baramulti Group, Indonesia
  • Sree Jayajothi Cements Limited - India
  • Coal and Oil Company - UAE
  • Maharashtra Electricity Regulatory Commission - India
  • Trasteel International SA, Italy
  • Intertek Mineral Services - Indonesia
  • Singapore Mercantile Exchange
  • APGENCO India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • CNBM International Corporation - China
  • ING Bank NV - Singapore
  • Africa Commodities Group - South Africa
  • Asia Cement - Taiwan
  • Directorate Of Revenue Intelligence - India
  • Lafarge - France
  • Platou - Singapore
  • Core Mineral Indonesia
  • Therma Luzon, Inc, Philippines
  • ETA - Dubai
  • Malabar Cements Ltd - India
  • Eastern Coal Council - USA
  • Aboitiz Power Corporation - Philippines
  • McKinsey & Co - India
  • Bukit Makmur.PT - Indonesia
  • Timah Investasi Mineral - Indoneisa
  • Inco-Indonesia
  • Geoservices-GeoAssay Lab
  • Star Paper Mills Limited - India
  • Simpson Spence & Young - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Platts
  • Kideco Jaya Agung - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Samsung - South Korea
  • International Coal Ventures Pvt Ltd - India
  • Xstrata Coal
  • Vedanta Resources Plc - India
  • Argus Media - Singapore
  • Kalimantan Lumbung Energi - Indonesia
  • Moodys - Singapore
  • Metalloyd Limited - United Kingdom
  • Merrill Lynch Bank
  • Bhushan Steel Limited - India
  • Orica Mining Services - Indonesia
  • South Luzon Thermal Energy Corporation
  • Mitsubishi Corporation
  • Energy Development Corp, Philippines
  • Marubeni Corporation - India
  • ICICI Bank Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Maybank - Singapore
  • SASOL - South Africa
  • VISA Power Limited - India
  • Jindal Steel & Power Ltd - India
  • Maersk Broker
  • Essar Steel Hazira Ltd - India
  • Larsen & Toubro Limited - India
  • TeaM Sual Corporation - Philippines
  • Semirara Mining and Power Corporation, Philippines
  • Billiton Holdings Pty Ltd - Australia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Romanian Commodities Exchange
  • Ministry of Transport, Egypt
  • Russian Coal LLC
  • Coastal Gujarat Power Limited - India
  • Georgia Ports Authority, United States
  • White Energy Company Limited
  • UBS Singapore
  • Total Coal South Africa
  • European Bulk Services B.V. - Netherlands
  • World Coal - UK
  • IOL Indonesia
  • Mercator Lines Limited - India
  • Tanito Harum - Indonesia
  • MS Steel International - UAE
  • GMR Energy Limited - India
  • The Treasury - Australian Government
  • Shree Cement - India
  • Coal Orbis AG
  • Bulk Trading Sa - Switzerland
  • Gresik Semen - Indonesia
  • Thai Mozambique Logistica
  • SMG Consultants - Indonesia
  • Jorong Barutama Greston.PT - Indonesia
  • Formosa Plastics Group - Taiwan
  • Aditya Birla Group - India
  • Petrosea - Indonesia
  • CCIC - Indonesia
  • Jaiprakash Power Ventures ltd
  • Indonesia Power. PT
  • Antam Resourcindo - Indonesia
  • BRS Brokers - Singapore
  • Economic Council, Georgia
  • Indorama - Singapore
  • Ministry of Mines - Canada
  • Tata Power - India
  • Karbindo Abesyapradhi - Indoneisa
  • Tata Chemicals Ltd - India
  • Indian School of Mines
  • Asian Development Bank
  • Bhatia International Limited - India
  • Coal India Limited
  • CIMB Investment Bank - Malaysia
  • Orica Australia Pty. Ltd.
  • San Jose City I Power Corp, Philippines
  • Global Coal Blending Company Limited - Australia
  • Globalindo Alam Lestari - Indonesia
  • ASAPP Information Group - India
  • J M Baxi & Co - India
  • EIA - United States
  • Indonesian Coal Mining Association
  • Sarangani Energy Corporation, Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • Global Green Power PLC Corporation, Philippines
  • The State Trading Corporation of India Ltd
  • Bhoruka Overseas - Indonesia
  • Bank of China, Malaysia
  • Electricity Authority, New Zealand
  • Sojitz Corporation - Japan
  • IEA Clean Coal Centre - UK
  • Japan Coal Energy Center
  • PLN - Indonesia
  • Price Waterhouse Coopers - Russia
  • Standard Chartered Bank - UAE
  • Permata Bank - Indonesia
  • Global Business Power Corporation, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • Gujarat Sidhee Cement - India
  • Rio Tinto Coal - Australia
  • Mitra SK Pvt Ltd - India
  • PowerSource Philippines DevCo
  • Mechel - Russia
  • Kapuas Tunggal Persada - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Ambuja Cements Ltd - India
  • Edison Trading Spa - Italy
  • GAC Shipping (India) Pvt Ltd
  • Petrochimia International Co. Ltd.- Taiwan
  • Mercuria Energy - Indonesia
  • Ince & co LLP
  • Goldman Sachs - Singapore
  • IMC Shipping - Singapore
  • Sinarmas Energy and Mining - Indonesia
  • Cemex - Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Attock Cement Pakistan Limited
  • Cebu Energy, Philippines
  • Samtan Co., Ltd - South Korea
  • Deutsche Bank - India
  • Videocon Industries ltd - India
  • Eastern Energy - Thailand
  • Interocean Group of Companies - India
  • SMC Global Power, Philippines
  • Infraline Energy - India
  • Holcim Trading Pte Ltd - Singapore
  • GB Group - China
  • Barasentosa Lestari - Indonesia
  • Glencore India Pvt. Ltd
  • NALCO India
  • Bangkok Bank PCL
  • Kaltim Prima Coal - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Deloitte Consulting - India
  • Indika Energy - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Reliance Power - India
  • Electricity Generating Authority of Thailand
  • Port Waratah Coal Services - Australia
  • Arutmin Indonesia
  • Rudhra Energy - India
  • Pinang Coal Indonesia
  • Barclays Capital - USA
  • Inspectorate - India
  • World Bank
  • Clarksons - UK
  • Bharathi Cement Corporation - India
  • Sical Logistics Limited - India
  • Malco - India
  • Adaro Indonesia
  • Kobe Steel Ltd - Japan
  • Heidelberg Cement - Germany
  • GNFC Limited - India
  • Thiess Contractors Indonesia
  • Iligan Light & Power Inc, Philippines
  • Gujarat Electricity Regulatory Commission - India
  • GN Power Mariveles Coal Plant, Philippines
  • Cargill India Pvt Ltd
  • Riau Bara Harum - Indonesia
  • TANGEDCO India
  • RBS Sempra - UK
  • Mintek Dendrill Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • CoalTek, United States
  • Neyveli Lignite Corporation Ltd, - India
  • Latin American Coal - Colombia
  • KPCL - India
  • bp singapore
  • globalCOAL - UK
  • EMO - The Netherlands
  • Carbofer General Trading SA - India
  • Savvy Resources Ltd - HongKong
  • Peabody Energy - USA
  • New Zealand Coal & Carbon
  • Cement Manufacturers Association - India
  • KEPCO - South Korea
  • U S Energy Resources
  • Adani Power Ltd - India
  • Binh Thuan Hamico - Vietnam
  • Surastha Cement
  • Semirara Mining Corp, Philippines
  • Krishnapatnam Port Company Ltd. - India
  • UOB Asia (HK) Ltd
  • GVK Power & Infra Limited - India
  • IHS Mccloskey Coal Group - USA
  • Bangladesh Power Developement Board
  • Banpu Public Company Limited - Thailand
  • Coeclerici Indonesia
  • Parliament of New Zealand