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

Thursday, 29 July 10
BALTIC INDEXES ARE POSITIVE SINCE A FEW DAYS
Handy Baltic indexes are positive since a few days which could mean that markets have bottomed out (as we correctly predicted in our report of las ...


Wednesday, 28 July 10
INDONESIA'S MERUKH SECURES US$200 MLN INVESTMENT FROM SAN MIGUEL
Trading Market Reported that, Indonesian mining company Merukh Enterprises said it has secured an investment commitment of US$200 million from the P ...


Wednesday, 28 July 10
RIZAL RISJAD MAY OWN 10% BERAU ENERGY
Rizal Risjad, son of Indonesian tycoon Ibrahim Risjad, might own 10% stakes in PT Berau Coal Energy Tbk (BRAU), parent company of Indonesia's fifth ...


Wednesday, 28 July 10
UNUSUAL RAINS TO HIT COAL EXPORTS
COALspot.com: Heavy rains in South and East Kalimantan have compelled coal exporters to delay or cancel coal exports. PT Bayan and PT. TIA  hav ...


Tuesday, 27 July 10
INDIA HAS IMPORTED 1.5 MILLION TONS OF COAL LAST WEEK
COALspot.com: Coal imports in Indian ports have reached over 1.5 million tons for the week ended 25 July 2010.  According to port agents, aroun ...


   1137 1138 1139 1140 1141   
Showing 5691 to 5695 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 ...

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