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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, 23 June 10
WILHELMSEN SHIPS SERVICE OPENS NEW OFFICE IN KRISHNAPATNAM PORT INDIA
Wilhelmsen Ships Service has opened a branch office in Krishnapatnam port on the east coast of India according to statement released by company ...
Wednesday, 23 June 10
PTC'S INDONESIAN COAL-MINING FORAY-I: TO INVEST USD 69 MILLION VIA OVERSEAS SPV
Moving ahead with its plans to acquire coal assets abroad, the power trading major, PTC India Limited, has decided to invest a total of USD 69 milli ...
Tuesday, 22 June 10
INDIA HAS REPORTED MORE COAL IMPORTS FROM COLOMBIA
A second consecutive week of sharp corrections for the dry bulk market, although some of the softness could be attributed to Chinese holidays at the ...
Monday, 21 June 10
THE SUPRAMAX INDEX IN THE FAR-EAST (S6 ROUTE) WAS DOWN BY $ 1300 PER DAY - VISTAAR
COALspot.com: The market continued to soften in all sectors last week also with the BDI dropping by 18.07 pct and Cape index by 26.71 pct.
The BD ...
Sunday, 20 June 10
OUR COAL: ITS DEVELOPMENT AND CONTROVERSIAL ISSUES
Indonesia’s production of coal has been growing amazingly. In the mid 1980s, national coal production was less than 1 million tons per annum, ...
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- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Global Green Power PLC Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Posco Energy - South Korea
- Therma Luzon, Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- ASAPP Information Group - India
- The University of Queensland
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Siam City Cement - Thailand
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Bulk Trading Sa - Switzerland
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- Carbofer General Trading SA - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Planning Commission, India
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
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