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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, 18 March 10
COAL PILING UP AT EAST COAST PORTS ON RAKE SHORTAGE
Business Line reported that, more than three million tonnes (mt) of imported coal are awaiting evacuation at the east coast ports of Paradip, Visakh ...
Tuesday, 16 March 10
INDONESIA ROUND VOYAGES WERE GETTING BETWEEN HIGH TEENS - BRS
Another strong week for the bulk market and rates in all segments are now back above pre-Chinese New Year levels. Atlantic volumes remain robust, an ...
Tuesday, 16 March 10
MADHUCON GETS MINING LICENSE IN INDONESIA
Business-Standard reported that, PT Madhucon Indonesia, a subsidiary of the Hyderabad-based infrastructure company Madhucon Projects Ltd, has been g ...
Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA
Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves.
T ...
Monday, 15 March 10
CIL BOARD CLEARS 10 PROPOSALS FOR STRATEGIC PARTNERSHIP OR JVS
Economic Times reported that, Towards achieving a global footprint, state-owned Coal India (CIL) is eyeing strategic partnership or joint ventures w ...
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- Billiton Holdings Pty Ltd - Australia
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- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
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- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Carbofer General Trading SA - India
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
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- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
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- Bhatia International Limited - India
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
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- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
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- Bulk Trading Sa - Switzerland
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- Madhucon Powers Ltd - India
- Chamber of Mines of South Africa
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
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- Chettinad Cement Corporation Ltd - India
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
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- Riau Bara Harum - Indonesia
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Marubeni Corporation - India
- Kobexindo Tractors - Indoneisa
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Dalmia Cement Bharat India
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Ceylon Electricity Board - Sri Lanka
- Eastern Coal Council - USA
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- Meralco Power Generation, Philippines
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- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Rio Tinto Coal - Australia
- The University of Queensland
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- VISA Power Limited - India
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
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- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
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- Bangladesh Power Developement Board
- Ministry of Transport, Egypt
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- Gujarat Electricity Regulatory Commission - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
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- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
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- Energy Link Ltd, New Zealand
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- Coastal Gujarat Power Limited - India
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