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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, 08 February 10
BLACK RIDGE MINING APPOINTS INDEPENDENT CONSULTANT
Australian-listed Black Ridge Mining has announced the appointment of David Tuit as an independent consultant to assist with the assessment of the c ...
Monday, 08 February 10
SOUTH AFRICAN EXPORT COAL RISES FOR FIRST TIME IN FOUR WEEKS
Prices for coal shipped from South Africa’s Richards Bay, the continent’s biggest export facility for the fuel, posted their first gain ...
Monday, 08 February 10
NTPC HOPES TO START ON 500-MW PROJECT IN SRI LANKA BY FEB-END
NTPC sources told Business Standard, “All formalities from our government and NTPC have been completed.
The opinion of the Sri Lankan atto ...
Sunday, 07 February 10
AN AUSTRALIAN FIRM HAS SIGNED A $60BN DEAL TO SUPPLY COAL TO CHINESE POWER STATIONS
Clive Palmer, chairman of the company, Resourcehouse, said it was Australia's "biggest ever export contract".
Under the deal, the firm ...
Saturday, 06 February 10
FREIGHT WOULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR SHIPPING
COALspot.com (Singapore): The freight market continued to soften this week including the stock markets. The main reason seems to be Chinese ne ...
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- Jaiprakash Power Ventures ltd
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Bangladesh Power Developement Board
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Coal and Oil Company - UAE
- CNBM International Corporation - China
- Coastal Gujarat Power Limited - India
- Price Waterhouse Coopers - Russia
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Planning Commission, India
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- Anglo American - United Kingdom
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Attock Cement Pakistan Limited
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Carbofer General Trading SA - India
- The University of Queensland
- Indogreen Group - Indonesia
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Vedanta Resources Plc - India
- Romanian Commodities Exchange
- Edison Trading Spa - Italy
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- ICICI Bank Limited - India
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- The State Trading Corporation of India Ltd
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
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