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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, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...
Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...
Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing.
The BD ...
Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...
Saturday, 22 May 10
INDUSTRY QUESTIONS STEAM COAL PRICE ANOMALY
Five South Korean utilities have secured a deal for 3.13 million tonnes of Australian thermal coal with a calorific value of 6,080kcal/kg for delive ...
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- Therma Luzon, Inc, Philippines
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- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
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- Independent Power Producers Association of India
- Aditya Birla Group - India
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- Orica Mining Services - Indonesia
- Power Finance Corporation Ltd., India
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- ICICI Bank Limited - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Riau Bara Harum - Indonesia
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
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- Directorate Of Revenue Intelligence - India
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- Bhushan Steel Limited - India
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- Metalloyd Limited - United Kingdom
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- Eastern Energy - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
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- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
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- Samtan Co., Ltd - South Korea
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- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
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- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
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- Ceylon Electricity Board - Sri Lanka
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- London Commodity Brokers - England
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- Mjunction Services Limited - India
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- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
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- Australian Coal Association
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
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- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- The Treasury - Australian Government
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Lanco Infratech Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
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- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- Xindia Steels Limited - India
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- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Kartika Selabumi Mining - Indonesia
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- PTC India Limited - India
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
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- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Commonwealth Bank - Australia
- PetroVietnam Power Coal Import and Supply Company
- International Coal Ventures Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
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- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
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- Economic Council, Georgia
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
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- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
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