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

Friday, 25 June 10
INDIAS THIRD-LARGEST SHIPPING COMPANY BAGS US$ 31 MILLION DEAL WITH SL
Daily Mirror reported that, Mainboard-listed and India-owned dry bulk shipping firm Mercator Lines says it has won a US$ 31 million contract in Sri ...


Friday, 25 June 10
DEMAND FOR COAL COULD BE GRADUALLY RETURNING - FEARNBULK
Handy Atlantic markets seeing more activity today (23 June 2010) after a slump the last weeks. Supramax vessels open in USG are achieving low/mid ...


Thursday, 24 June 10
INDONESIAS BUMI DECLARED US$ 57.1 MILLION (AMOUNTING TO 30% OF 2009 NET INCOME) AS DIVIDEND
COALspot.com: PT Bumi Resources, Tbk’s Annual General Meeting (AGM) today was successfully held with a quorum of 75.89% resulting in sharehold ...


Thursday, 24 June 10
CHINA TARGETS 3.6 BILLION MT ANNUAL COAL OUTPUT FOR 2015
At a forum in Beijing entitled "Chinese energy strategy and energy development in the 12th five-year plan period (2011-2015)", He Youguo, ...


Thursday, 24 June 10
DRY BULK MARKET AT LOWEST POINT IN EIGHT MONTHS
The dry bulk market’s demise has failed to turn around so far this week, with the industry’s benchmark, the Baltic Dry Index (BDI), yest ...


   1151 1152 1153 1154 1155   
Showing 5761 to 5765 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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