COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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)



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as d ...


Sunday, 14 March 10
THERE IS NO INDICATION OF SLOWING DOWN OF IRON ORE AND COAL IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com: The dry bulk freight market continued the upward trend and the BDI closed 8.14 pct this week.  The Cape index up by 10.32 pct ...


Saturday, 13 March 10
INDONESIA COAL EXPORTS DROP IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons in January 2010 which fell slightly to 22.89 mln ton of coal i ...


Saturday, 13 March 10
INDONESIA TELLS BUKIT ASAM TO DITCH PARTNER IN SUMATRA RAILWAY UNLESS PROJECT STARTS
The Jakarta Globe reported that, the Indonesian government has urged state-owned miner PT Tambang Batubara Bukit Asam to look for new partners to he ...


Saturday, 13 March 10
OPTIMUM COAL AIMS TO RAISE R1,6 BILLION IN LISTING
All Africa reported that, COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month ...


   1187 1188 1189 1190 1191   
Showing 5941 to 5945 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Sakthi Sugars Limited - India
  • Bhatia International Limited - India
  • SUEK AG - Indonesia
  • Samsung - South Korea
  • Peabody Energy - USA
  • PetroVietnam Power Coal Import and Supply Company
  • Kaltim Prima Coal - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Glencore India Pvt. Ltd
  • Uttam Galva Steels Limited - India
  • MS Steel International - UAE
  • Idemitsu - Japan
  • Lanco Infratech Ltd - India
  • Asian Development Bank
  • Gujarat Mineral Development Corp Ltd - India
  • Global Business Power Corporation, Philippines
  • World Coal - UK
  • Iligan Light & Power Inc, Philippines
  • Bahari Cakrawala Sebuku - Indonesia
  • Electricity Generating Authority of Thailand
  • Sinarmas Energy and Mining - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Qatrana Cement - Jordan
  • Banpu Public Company Limited - Thailand
  • Infraline Energy - India
  • Coastal Gujarat Power Limited - India
  • Indorama - Singapore
  • GNFC Limited - India
  • Moodys - Singapore
  • Central Java Power - Indonesia
  • Xindia Steels Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • IOL Indonesia
  • Xstrata Coal
  • Mercator Lines Limited - India
  • Reliance Power - India
  • Essar Steel Hazira Ltd - India
  • Indian School of Mines
  • Metalloyd Limited - United Kingdom
  • Eastern Coal Council - USA
  • Bhushan Steel Limited - India
  • Sree Jayajothi Cements Limited - India
  • Shenhua Group - China
  • BRS Brokers - Singapore
  • GVK Power & Infra Limited - India
  • Trasteel International SA, Italy
  • Antam Resourcindo - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Pendopo Energi Batubara - Indonesia
  • Bangkok Bank PCL
  • RBS Sempra - UK
  • Thailand Anthracite
  • Ambuja Cements Ltd - India
  • Samtan Co., Ltd - South Korea
  • Coal and Oil Company - UAE
  • Barasentosa Lestari - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • LBH Netherlands Bv - Netherlands
  • Price Waterhouse Coopers - Russia
  • Mjunction Services Limited - India
  • Jindal Steel & Power Ltd - India
  • Arch Coal - USA
  • Sindya Power Generating Company Private Ltd
  • Asmin Koalindo Tuhup - Indonesia
  • Lafarge - France
  • Cigading International Bulk Terminal - Indonesia
  • Noble Europe Ltd - UK
  • Britmindo - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • The State Trading Corporation of India Ltd
  • Alfred C Toepfer International GmbH - Germany
  • Africa Commodities Group - South Africa
  • UBS Singapore
  • Ministry of Transport, Egypt
  • Kohat Cement Company Ltd. - Pakistan
  • Berau Coal - Indonesia
  • Georgia Ports Authority, United States
  • Savvy Resources Ltd - HongKong
  • OCBC - Singapore
  • Maybank - Singapore
  • Russian Coal LLC
  • Thai Mozambique Logistica
  • DBS Bank - Singapore
  • Shree Cement - India
  • Latin American Coal - Colombia
  • Ince & co LLP
  • Mitsui
  • European Bulk Services B.V. - Netherlands
  • BNP Paribas - Singapore
  • Parry Sugars Refinery, India
  • Thomson Reuters GRC
  • Anglo American - United Kingdom
  • Asia Cement - Taiwan
  • Krishnapatnam Port Company Ltd. - India
  • Bangladesh Power Developement Board
  • Tata Chemicals Ltd - India
  • Meenaskhi Energy Private Limited - India
  • Global Green Power PLC Corporation, Philippines
  • CCIC - Indonesia
  • Simpson Spence & Young - Indonesia
  • Oldendorff Carriers - Singapore
  • Cement Manufacturers Association - India
  • GHCL Limited - India
  • Enel Italy
  • Pinang Coal Indonesia
  • TRAFIGURA, South Korea
  • Salva Resources Pvt Ltd - India
  • Gupta Coal India Ltd
  • Timah Investasi Mineral - Indoneisa
  • Renaissance Capital - South Africa
  • Economic Council, Georgia
  • Formosa Plastics Group - Taiwan
  • J M Baxi & Co - India
  • IMC Shipping - Singapore
  • Riau Bara Harum - Indonesia
  • ING Bank NV - Singapore
  • TANGEDCO India
  • Gresik Semen - Indonesia
  • Intertek Mineral Services - Indonesia
  • Sojitz Corporation - Japan
  • IHS Mccloskey Coal Group - USA
  • Semirara Mining Corp, Philippines
  • Thriveni
  • Madhucon Powers Ltd - India
  • ETA - Dubai
  • Star Paper Mills Limited - India
  • Aboitiz Power Corporation - Philippines
  • Indonesia Power. PT
  • Thiess Contractors Indonesia
  • Mintek Dendrill Indonesia
  • Kideco Jaya Agung - Indonesia
  • McConnell Dowell - Australia
  • Indian Oil Corporation Limited
  • NALCO India
  • TNPL - India
  • Straits Asia Resources Limited - Singapore
  • Cebu Energy, Philippines
  • Australian Commodity Traders Exchange
  • KPMG - USA
  • Australian Coal Association
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Gujarat Electricity Regulatory Commission - India
  • Ceylon Electricity Board - Sri Lanka
  • White Energy Company Limited
  • PNOC Exploration Corporation - Philippines
  • AsiaOL BioFuels Corp., Philippines
  • Bhoruka Overseas - Indonesia
  • Central Electricity Authority - India
  • Japan Coal Energy Center
  • GB Group - China
  • Bank of America
  • Electricity Authority, New Zealand
  • Commonwealth Bank - Australia
  • Bank of China, Malaysia
  • SMG Consultants - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • ANZ Bank - Australia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Maersk Broker
  • Barclays Capital - USA
  • Maruti Cements - India
  • TGV SRAAC LIMITED, India
  • TNB Fuel Sdn Bhd - Malaysia
  • Indo Tambangraya Megah - Indonesia
  • Cardiff University - UK
  • Malco - India
  • Kumho Petrochemical, South Korea
  • Kartika Selabumi Mining - Indonesia
  • Mechel - Russia
  • CIMB Investment Bank - Malaysia
  • SN Aboitiz Power Inc, Philippines
  • KEPCO - South Korea
  • Mitsubishi Corporation
  • Gujarat Sidhee Cement - India
  • Argus Media - Singapore
  • Fearnleys - India
  • Globalindo Alam Lestari - Indonesia
  • Standard Chartered Bank - UAE
  • Independent Power Producers Association of India
  • bp singapore
  • Billiton Holdings Pty Ltd - Australia
  • Kalimantan Lumbung Energi - Indonesia
  • Heidelberg Cement - Germany
  • Makarim & Taira - Indonesia
  • PLN Batubara - Indonesia
  • Planning Commission, India
  • Directorate Of Revenue Intelligence - India
  • GMR Energy Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Adaro Indonesia
  • Runge Indonesia
  • Altura Mining Limited, Indonesia
  • VISA Power Limited - India
  • Carbofer General Trading SA - India
  • Credit Suisse - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Edison Trading Spa - Italy
  • Coeclerici Indonesia
  • Jaiprakash Power Ventures ltd
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Bayan Resources Tbk. - Indonesia
  • Bharathi Cement Corporation - India
  • Chamber of Mines of South Africa
  • MEC Coal - Indonesia
  • Total Coal South Africa
  • Baramulti Group, Indonesia
  • Vedanta Resources Plc - India
  • Permata Bank - Indonesia
  • Medco Energi Mining Internasional
  • Platts
  • South Luzon Thermal Energy Corporation
  • Tanito Harum - Indonesia
  • Petron Corporation, Philippines
  • Thermax Limited - India
  • SMC Global Power, Philippines
  • Posco Energy - South Korea
  • Wood Mackenzie - Singapore
  • London Commodity Brokers - England
  • Semirara Mining and Power Corporation, Philippines
  • Maheswari Brothers Coal Limited - India
  • U S Energy Resources
  • Mitra SK Pvt Ltd - India
  • The Treasury - Australian Government
  • ICICI Bank Limited - India
  • Cemex - Philippines
  • Ministry of Mines - Canada
  • APGENCO India
  • CESC Limited - India
  • Ministry of Finance - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Freeport Indonesia
  • Meralco Power Generation, Philippines
  • Coaltrans Conferences
  • Surastha Cement
  • Directorate General of MIneral and Coal - Indonesia
  • Indian Energy Exchange, India
  • Videocon Industries ltd - India
  • Core Mineral Indonesia
  • Cargill India Pvt Ltd
  • PetroVietnam
  • EIA - United States
  • JPower - Japan
  • Larsen & Toubro Limited - India
  • SASOL - South Africa
  • New Zealand Coal & Carbon
  • Petrosea - Indonesia
  • Minerals Council of Australia
  • Petrochimia International Co. Ltd.- Taiwan
  • Bukit Asam (Persero) Tbk - Indonesia
  • Bulk Trading Sa - Switzerland
  • Kobe Steel Ltd - Japan
  • Sical Logistics Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Vijayanagar Sugar Pvt Ltd - India
  • The India Cements Ltd
  • Miang Besar Coal Terminal - Indonesia
  • India Bulls Power Limited - India
  • San Jose City I Power Corp, Philippines
  • Siam City Cement - Thailand
  • Indonesian Coal Mining Association
  • Siam City Cement PLC, Thailand
  • Port Waratah Coal Services - Australia
  • Rashtriya Ispat Nigam Limited - India
  • Coal Orbis AG
  • McKinsey & Co - India
  • CoalTek, United States
  • Tata Power - India
  • Jatenergy - Australia
  • Inco-Indonesia
  • JPMorgan - India
  • Vitol - Bahrain
  • PTC India Limited - India
  • Vale Mozambique
  • Deloitte Consulting - India
  • KOWEPO - South Korea
  • Inspectorate - India
  • Vizag Seaport Private Limited - India
  • Geoservices-GeoAssay Lab
  • Power Finance Corporation Ltd., India
  • PowerSource Philippines DevCo
  • EMO - The Netherlands
  • UOB Asia (HK) Ltd
  • Energy Link Ltd, New Zealand
  • Ernst & Young Pvt. Ltd.
  • Marubeni Corporation - India
  • OPG Power Generation Pvt Ltd - India
  • Agrawal Coal Company - India
  • Aditya Birla Group - India
  • Coalindo Energy - Indonesia
  • Energy Development Corp, Philippines
  • Ind-Barath Power Infra Limited - India
  • Rudhra Energy - India
  • Rio Tinto Coal - Australia
  • Humpuss - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Malabar Cements Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Leighton Contractors Pty Ltd - Australia
  • PLN - Indonesia
  • Panama Canal Authority
  • Global Coal Blending Company Limited - Australia
  • Mercuria Energy - Indonesia
  • Orica Mining Services - Indonesia
  • Goldman Sachs - Singapore
  • Parliament of New Zealand
  • Merrill Lynch Commodities Europe
  • Dalmia Cement Bharat India
  • Toyota Tsusho Corporation, Japan
  • Bukit Makmur.PT - Indonesia
  • The University of Queensland
  • Coal India Limited
  • Sucofindo - Indonesia
  • SGS (Thailand) Limited
  • Indogreen Group - Indonesia
  • Interocean Group of Companies - India
  • Deutsche Bank - India
  • Orica Australia Pty. Ltd.
  • Cosco
  • Sarangani Energy Corporation, Philippines
  • Therma Luzon, Inc, Philippines
  • TeaM Sual Corporation - Philippines
  • ASAPP Information Group - India
  • Platou - Singapore
  • Romanian Commodities Exchange
  • Clarksons - UK
  • WorleyParsons
  • Grasim Industreis Ltd - India
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Singapore Mercantile Exchange
  • Indika Energy - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • SRK Consulting
  • KPCL - India
  • International Coal Ventures Pvt Ltd - India
  • Bukit Baiduri Energy - Indonesia
  • Tamil Nadu electricity Board
  • Adani Power Ltd - India
  • IEA Clean Coal Centre - UK
  • HSBC - Hong Kong
  • Arutmin Indonesia
  • NTPC Limited - India
  • CNBM International Corporation - China
  • World Bank
  • Merrill Lynch Bank
  • Kepco SPC Power Corporation, Philippines
  • Eastern Energy - Thailand
  • Wilmar Investment Holdings
  • ACC Limited - India
  • Manunggal Multi Energi - Indonesia
  • IBC Asia (S) Pte Ltd
  • Attock Cement Pakistan Limited
  • Borneo Indobara - Indonesia
  • Karaikal Port Pvt Ltd - India
  • globalCOAL - UK
  • GN Power Mariveles Coal Plant, Philippines