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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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Monday, 23 August 10
NOBLE RESOURCES AND PAN ASIA INK MAJOR COAL DEAL
Pan Asia Corporation Limited has, via Innovation West Pty Ltd, entered into a binding coal purchase & finance agreement with Noble Resources Pte ...
Monday, 23 August 10
THE FREIGHT MARKET IS EXPECTED TO BE FIRM FOR NEXT COUPLE OF WEEKS - VISTAAR SINGAPORE
COALspot.com: The BDI continued to rise this week by 11.67 pct with the other sectors also keeping the moment. The cape size index also was up by 11 ...
Friday, 20 August 10
JAKARTA TO HOST 9TH ASIA PACIFIC MINING CONFERENCE AND EXHIBITION IN OCTOBER
ASEAN Federation of Mining Association (AFMA), an association of mining groups in Southeast Asia, will hold the 9th Asia Pacific Mining Conference a ...
Friday, 20 August 10
OVERSEAS AND GENERAL SUBSIDIARY INKS US$52M JONGKANG COAL SALES CONTRACT - PROACTIVE INVESTORS
Proactive Investors reported that, overseas and General (ASX: OGL) has reported that its Indonesian majority owned subsidiary, PT OGL Indotrade, has ...
Friday, 20 August 10
POWER COS SEEK MINING PARTNERS TO BID FOR 1,920-MW PROJECT
"A joint venture between the Maharashtra and Tamil Nadu governments for a pit-head power project, has been allotted the biggest coal block yet ...
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- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- New Zealand Coal & Carbon
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Global Business Power Corporation, Philippines
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- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- White Energy Company Limited
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Jorong Barutama Greston.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Minerals Council of Australia
- Pendopo Energi Batubara - Indonesia
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Economic Council, Georgia
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- South Luzon Thermal Energy Corporation
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- GAC Shipping (India) Pvt Ltd
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- Aditya Birla Group - India
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wilmar Investment Holdings
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Cement Manufacturers Association - India
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Bhatia International Limited - India
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