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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, 30 September 10
DRY BULK MARKET HEADS SOUTH ONCE MORE WITH MARKET SENTIMENT TAKING A CAUTIOUS APPROACH - HELLENIC SHIPPING
The dry bulk market didn’t manage to maintain the slightly upward momentum it had established during the first two session of the week, with t ...
Wednesday, 29 September 10
MOZAMBIQUE: COAL IN THREE MORE TETE DISTRICTS
All africa reported that, Coal deposits have been confirmed in the districts of Changara, Cahora Bassa and Magoe, in the western Mozambican province ...
Tuesday, 28 September 10
MMTC TO AWARD CONTRACT TO CEPL AND KNOWLEDGE TO SUPPLY 0.835 MILLION TONS OF IMPORTED COAL
COALspot.com: MMTC, India’s state owned trading company has opened three coal purchase tenders today.
According to our market sources, Coas ...
Monday, 27 September 10
DRY BULK: FREIGHT RATES CONTINUE TO FALL ON LOW ACTIVITY - HELLENIC SHIPPING
The dry bulk market didn’t manage to change its fortunes during the past week, with holidays across many Asian countries, predominantly China, ...
Saturday, 25 September 10
INDONESIA HAS EXPORTED 187.656 MILLION TONNES OF COAL IN EIGHT MONTHS
COALspot.com: Indonesia, the world largest coal exporter has exported 187.656 million tons of coal for the period January – August this ...
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- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Videocon Industries ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- The University of Queensland
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Cement Manufacturers Association - India
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Minerals Council of Australia
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Altura Mining Limited, Indonesia
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Indo Tambangraya Megah - Indonesia
- Port Waratah Coal Services - Australia
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- India Bulls Power Limited - India
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Iligan Light & Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
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