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, 10 June 10
R-POWER, INDONESIA'S SUGICO INK PACT TO ACQUIRE COAL MINES - ECONOMIC TIMES
Economic Times of India reported that, Anil Ambani-owned Reliance Power has signed a share-sale agreement with Indonesia’s Sugico Group to acq ...


Thursday, 10 June 10
PARAMOUNT MINING CORPORATION REPORTS KEY INDONESIAN JV AGREEMENT
Indonesia focussed Paramount Mining Corporation has reported that its Indonesian subsidiary, PT Paramindo, has concluded a Joint Venture Agreem ...


Wednesday, 09 June 10
INDIA, CHINA TO PROP UP THERMAL COAL DEMAND - COMMODITY ONLINE
  Commodity Online : Weakness in thermal coal demand in OECD will continue to be offset by growth in demand in India and China. Therefore, the s ...


Tuesday, 08 June 10
TATA POWER LOOKING TO PICK UP STAKE IN OVERSEAS COAL MINES - ECONOMIC TIMES
Economic Times reported that, Tata Power is looking for a strategic stake purchase in coal mines of Indonesia or South Africa to fuel its upcoming 1 ...


Tuesday, 08 June 10
RUSSIA REPORTED A TENFOLD GROWTH IN COAL EXPORTS TO CHINA IN 1Q 2010 - BRS
A retreat for all the dry bulk segments this week, but especially for the Panamax and Supramax markets. The Panamax 4TC remains over US$30,000/day h ...


   1156 1157 1158 1159 1160   
Showing 5786 to 5790 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 ...

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