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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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Tuesday, 16 February 10
KPMG PENS 6-POINT STRATEGY FOR COAL INDIA RESTRUCTURING
Coal India Ltd (CIL) has appointed KPMG Advisory Services Pvt Ltd to advise on consolidating its position as the country’s prime energy provid ...
Monday, 15 February 10
MINING LAW TO BE REVISED
Law No. 4 of 2009 on mineral and coal mining will be revised after a working visit of the Bangka Belitung (Babel) Provincial legislative assembly (D ...
Monday, 15 February 10
EURO COAL PRICES SOFTEN AS CHINESE LUNAR NEW YEAR HOLIDAYS START
Prices of prompt cargoes of coal for delivery into Europe weakened last week on a lack of European demand and market nerves over the possible impact ...
Monday, 15 February 10
INDONESIAN COAL SUFFERS SETBACK AS SUMATRA RAIL LINE HELD UP AGAIN
State-owned coal miner PT Tambang Batubara Bukit Asam’s $1.06 billion rail project in Sumatra faces more delays, and the cost of the project i ...
Monday, 15 February 10
MEC INFRA TO COMMISSION INDONESIA RAIL PROJECT
A joint venture between Ras Al Khaimah Investment Authority (Rakia) RAK Investment Authority and Minerals Energy and Commodities Holdings, a f ...
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- The Treasury - Australian Government
- Deloitte Consulting - India
- International Coal Ventures Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- PTC India Limited - India
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- The State Trading Corporation of India Ltd
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Australian Coal Association
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Heidelberg Cement - Germany
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
- The University of Queensland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Bulk Trading Sa - Switzerland
- Parliament of New Zealand
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Tamil Nadu electricity Board
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- MS Steel International - UAE
- Planning Commission, India
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
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