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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 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
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Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...
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- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Meralco Power Generation, Philippines
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Malabar Cements Ltd - India
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- White Energy Company Limited
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Dalmia Cement Bharat India
- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Binh Thuan Hamico - Vietnam
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Orica Mining Services - Indonesia
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Savvy Resources Ltd - HongKong
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Riau Bara Harum - Indonesia
- Orica Australia Pty. Ltd.
- Eastern Energy - Thailand
- Indian Energy Exchange, India
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CIMB Investment Bank - Malaysia
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Minerals Council of Australia
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Economic Council, Georgia
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
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