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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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Wednesday, 20 October 10
ADANI THE LARGEST COAL IMPORTER OF INDIA IS NEGOTIATING WITH COAL INDIA LIMITED FOR A SUPPLY AGREEMENT - TOP NEWS
Top News reported that, negotitations are very much on between Adani Enterprises, the biggest coal importer of the country and Coal India Limited, t ...
Wednesday, 20 October 10
UAE FIRM IN INDONESIA RAIL DEAL - GULF NEWS
Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start ne ...
Wednesday, 20 October 10
CAPESIZES FINDING SUPPORT IN IRON ORE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the beginning of the week wasn’t the rosiest one for the dry bulk market, last week proved a cheerful one for dry bulk ship owners, e ...
Saturday, 16 October 10
BDI WAS MARGINALLY UP BY 2.45 PCT LAST WEEK - VISTAAR SHIPPING
COALspot.com: The BDI seemed to lose the moment compared to last week and was marginally by 2.45 pct and closed at 2,762 points.
Also the Cape in ...
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 ...
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- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Kohat Cement Company Ltd. - Pakistan
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Malabar Cements Ltd - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- PTC India Limited - India
- Thai Mozambique Logistica
- Offshore Bulk Terminal Pte Ltd, Singapore
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Coalindo Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Australian Coal Association
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Miang Besar Coal Terminal - Indonesia
- Xindia Steels Limited - India
- Banpu Public Company Limited - Thailand
- Edison Trading Spa - Italy
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Commodity Traders Exchange
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chettinad Cement Corporation Ltd - India
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Eastern Energy - Thailand
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Mintek Dendrill Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- White Energy Company Limited
- Wilmar Investment Holdings
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Sarangani Energy Corporation, Philippines
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