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, 14 January 10
INDIANS RESUME S. AFRICA COAL BUYING AGAINST INDEX - REUTERS
Indian trade buyers have resumed buying of South African prompt coal cargoes after a two-month hiatus but are opting for index-linked pricing, hopin ...


Wednesday, 13 January 10
STEAMING COAL SUPPLY SPOT CONTRACT FOR TAEAN POWER PLANT
COALspot.com (South Korea): Korea Western Power Co., Ltd is looking for total 1.12 million tons of Bituminous Coal for TAEAN Power Plant. Accord ...


Wednesday, 13 January 10
INDONESIA ISSUES COAL, METAL DECREE
Indonesia has issued a ministerial decree which requires metal and coal miners to set aside a certain amount of their production for domestic needs, ...


Wednesday, 13 January 10
RESTING TIME FOR INDONESIAN COAL LOADING VESSELS
COALspot.com (Indonesia): 11 - 15  vessels are waiting in anchorages of Muara Berau and Tanjung Pemancingan to load total about 700,000 – ...


Wednesday, 13 January 10
SOUTH AFRICA STEAM COAL PRICE FALLS SHARPLY
Reuters reported that South African physical coal prices fell sharply on Tuesday with a March cargo trade at USD 87.5 a tonne FOB Richards Bay and d ...


   1217 1218 1219 1220 1221   
Showing 6091 to 6095 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 ...

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