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

Thursday, 11 February 10
THE INDIAN MARKET SOFTENING A BIT - FEARNRESEARCH
Handy The BSI has gone down for 3 weeks now but it is more a reflection of the Pac market. Activity in the Atl remains solid and rates remain firm ...


Thursday, 11 February 10
SOUTH AFRICA COAL EXPORTS DROP TO INDIA, CHINA
South African coal exports to India from Richards Bay Coal Terminal fell 39% in January from December's levels while shipments to China dropped 55% ...


Thursday, 11 February 10
JSW STEEL IS CLOSE TO ACQUIRING TWO COAL MINES IN THE US
“We are in advanced stages of negotiation and the deal will be completed in a month or two,” a company official told DNA Money on the co ...


Wednesday, 10 February 10
BHP TAKES MARUWAI SALE OFF THE TABLE, MINISTRY SAYS
Australian mining giant BHP Billiton may cancel a plan to sell a stake in its coal mining project in Maruwai, East Kalimantan, an official at the En ...


Wednesday, 10 February 10
JPMORGAN FORECASTS A 5.7% GROWTH IN SEABORNE IRON ORE SHIPMENTS, 3.8% FOR COAL AND GRAIN THIS YEAR
This year volumes of iron ore transportation by sea may grow to 5.7%, coal and grain up 3.8% over numbers in 2009, Ukrrudprom reports citing analyst ...


   1200 1201 1202 1203 1204   
Showing 6006 to 6010 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 ...

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