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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, 02 January 10
INDONESIAS COAL OUTPUT RISES BY 5%
Indonesia, Asia’s largest coal exporter, produced 254 million tons of coal in 2009, a 5.8 percent increase from 2008 and well ahead of the gov ...
Saturday, 02 January 10
TAIPOWER FORECASTS COAL DEMAND TO SNAP DECLINE
Taiwan Power Co., Asia's biggest importer of thermal coal, expects its demand for the fuel to rise in 2010 after falling for two years as the islan ...
Friday, 01 January 10
COAL INDIA TO START IMPORTING DIRECTLY
According to sources, the coal major has already finalised tender document to import four million tonnes thermal grade coal for supplies to NTPC. Th ...
Thursday, 31 December 09
INDONESIA SEES 2010 MINING INVESTMENT UP 39 PCT
Reuters reported that, Indonesian mining investment is expected to hit $2.5 billion next year, up from $1.81 billion in 2009, supported by greater c ...
Thursday, 31 December 09
YANDICOOGINA BECOMES FIRST MINE IN AUSTRALIA TO PRODUCE 50 MILLION TONNES A YEAR
COALspot.com Press Release: Rio Tinto's Yandicoogina, Australia's largest-producing iron ore mine, has broken the 50 million tonne mark for annual ...
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- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Parliament of New Zealand
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- CIMB Investment Bank - Malaysia
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Kideco Jaya Agung - Indonesia
- Makarim & Taira - Indonesia
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Global Green Power PLC Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- The Treasury - Australian Government
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- Medco Energi Mining Internasional
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- Thiess Contractors Indonesia
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Sical Logistics Limited - India
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Leighton Contractors Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Semirara Mining and Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Central Java Power - Indonesia
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Bhatia International Limited - India
- Independent Power Producers Association of India
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Oldendorff Carriers - Singapore
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Anglo American - United Kingdom
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Indika Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- White Energy Company Limited
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Power Finance Corporation Ltd., India
- Agrawal Coal Company - India
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