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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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Monday, 15 February 10
INDONESIA IN TALKS TO RESOLVE BANPU MINE CLOSURE
Indonesia is seeking to resolve a land permiting problem resulting in the closure of a coal mine in Kalimantan operated by a unit of Thailand's top ...
Monday, 15 February 10
PVT ENTRY IN COAL MINING TO BE DELAYED
Entry of private players in coal mining will be delayed. Contrary to expectations, the coal ministry will not move in the Budget session a bill that ...
Sunday, 14 February 10
NEWCASTLE STEAM COAL TRADES AT US$ 91 TO US$ 92
Reuters reported that prompt cargo prices for coal delivered into Europe were largely unchanged recently after a day of subdued trading.
European ...
Saturday, 13 February 10
THE FREIGHT MARKET CONTINUED TO BE WEAK THIS WEEK - CAPT. REDDY
COALspot.com (Singapore): The freight market continued to be weak this week. There have been quite a few spot vessels open Far east and have been fo ...
Saturday, 13 February 10
INDONESIA ISSUES NEW MINING REGULATIONS
Indonesia has issued two new regulations under its mining law to allow firms to start obtaining mining permits, in a move that should increase certa ...
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- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- PowerSource Philippines DevCo
- Price Waterhouse Coopers - Russia
- Mintek Dendrill Indonesia
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- White Energy Company Limited
- Central Java Power - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Posco Energy - South Korea
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Bharathi Cement Corporation - India
- Indonesian Coal Mining Association
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Central Electricity Authority - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Planning Commission, India
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
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