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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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Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...
Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...
Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China
* Firm bids in freight market
* More shipments expected
Colombian coal is starting to move ...
Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned coal mining company, is planning to build an additi ...
Thursday, 07 January 10
RAMKY PLANS COAL MINING IN INDONESIA
Ramky Infrastructure Limited, a Hyderabad-based integrated infrastructure construction and development management company with strategic emphasis on ...
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- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Videocon Industries ltd - India
- MS Steel International - UAE
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- White Energy Company Limited
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- Kaltim Prima Coal - Indonesia
- PowerSource Philippines DevCo
- Australian Coal Association
- Makarim & Taira - Indonesia
- Independent Power Producers Association of India
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Agrawal Coal Company - India
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Parliament of New Zealand
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Attock Cement Pakistan Limited
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- TeaM Sual Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Bahari Cakrawala Sebuku - Indonesia
- SN Aboitiz Power Inc, Philippines
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Metalloyd Limited - United Kingdom
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Kumho Petrochemical, South Korea
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
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