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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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Thursday, 29 April 10
KANGAROO RESOURCES INKS KEY COAL EXPORT CONTRACT WITH YUDEAN FARNON - PROACTIVE INVESTORS
Proactive Investors reprted that, Kangaroo Resources has secured an initial export sales contract for coal from the company’s operating coal p ...
Wednesday, 28 April 10
UNITED TRACTORS FOCUSES ON MINING AS IT SEEKS TO DIVERSIFY REVENUE SOURCES - JG
The Jakarta globe reported that, PT United Tractors, Indonesia’s biggest heavy-equipment distributor and mining contractor, aims to have its m ...
Wednesday, 28 April 10
DRY BULK MARKET
After a prolonged period of anticipation and a stalled dry bulk market in terms of freight rates, the industry’s benchmark, the Baltic Dry Ind ...
Tuesday, 27 April 10
CAPESIZES UP, PANAMAXES DOWN - BRS
It was Capesizes up, Panamaxes down this week as the latter experienced a correction after its recent gains. Period rates for Panamaxes remain firm ...
Tuesday, 27 April 10
S.KOREA EWP SEEKS 0.520 MILLION TONS OF SUB-BITUMINOUS COAL
COALspot.com: South Korea East West Power Company has called for term bids for supply of Sub-bituminous Coal for Dangjin Thermal Power Pla ...
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- Trasteel International SA, Italy
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Star Paper Mills Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Mjunction Services Limited - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Tata Chemicals Ltd - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- IHS Mccloskey Coal Group - USA
- Kapuas Tunggal Persada - Indonesia
- Madhucon Powers Ltd - India
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Borneo Indobara - Indonesia
- Sindya Power Generating Company Private Ltd
- Global Business Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Electricity Authority, New Zealand
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Eastern Coal Council - USA
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- CNBM International Corporation - China
- Kohat Cement Company Ltd. - Pakistan
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
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