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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, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy
A sluggish start to the week in the Atlantic with little fresh busin ...
Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...
Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...
Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...
Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...
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- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Kideco Jaya Agung - Indonesia
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- McConnell Dowell - Australia
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- Eastern Energy - Thailand
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Central Java Power - Indonesia
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Parliament of New Zealand
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- PTC India Limited - India
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Posco Energy - South Korea
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Coalindo Energy - Indonesia
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Coal and Oil Company - UAE
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Savvy Resources Ltd - HongKong
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Standard Chartered Bank - UAE
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- The University of Queensland
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
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