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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, 26 April 10
COAL INDIA NEARS PORT DEAL WITH VIZAG STEEL - DNA
DNA India reported that, Coal India Ltd (CIL), the country’s largest coal producer, is close to signing a deal to acquire space at Vizag Steel ...
Sunday, 25 April 10
THE WAITING AT INDIAN PORTS FOR COAL VESSELS WAS QUITE NORMAL - VISTAAR
COALspot.com: The BDI remained unchanged this week and all other sectors also the change was not much.
The cape index continued to move up and wa ...
Saturday, 24 April 10
NTPC TO BUY COAL MINES IN KAZAKHSTAN - TELEGRAPH INDIA
Telegraph India reported that, NTPC Ltd plans to acquire coal mines and operate two thermal power plants in Kazakhstan.
“We are exploring t ...
Saturday, 24 April 10
CHINA'S COAL IMPORTS DOUBLE IN MARCH
China's General Administration of Customs said that the country imported 15.22 million tons of coal last month, more than double the amount it impo ...
Friday, 23 April 10
KPCL EYES MINE IN INDONESIA - BUSINESS STANDARD
Business-Standard reported that, Karnataka Power Corporation Ltd (KPCL), the state-owned power generator, is exploring the possibility of acquiring ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Romanian Commodities Exchange
- Kartika Selabumi Mining - Indonesia
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- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
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- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Economic Council, Georgia
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- MS Steel International - UAE
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- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- South Luzon Thermal Energy Corporation
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
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- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Petron Corporation, Philippines
- McConnell Dowell - Australia
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- Indogreen Group - Indonesia
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
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- International Coal Ventures Pvt Ltd - India
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- Bhatia International Limited - India
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- PTC India Limited - India
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Maharashtra Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
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- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
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- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- The Treasury - Australian Government
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- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- ICICI Bank Limited - India
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
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- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
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- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
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- Salva Resources Pvt Ltd - India
- Edison Trading Spa - Italy
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Metalloyd Limited - United Kingdom
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
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- Baramulti Group, Indonesia
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
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- Energy Link Ltd, New Zealand
- White Energy Company Limited
- Planning Commission, India
- Attock Cement Pakistan Limited
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Interocean Group of Companies - India
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
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- Marubeni Corporation - India
- ASAPP Information Group - India
- Parliament of New Zealand
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
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- Eastern Energy - Thailand
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
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- PowerSource Philippines DevCo
- Deloitte Consulting - India
- Independent Power Producers Association of India
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