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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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Thursday, 24 December 09
EUROSEAS LTD. ANNOUNCES TWO-YEAR TIME CHARTER AGREEMENT FOR PANAMAX BULK CARRIER
Euroseas Ltd., an owner and operator of drybulk carriers and container vessels and provider of seaborne transportation for dry bulk and containerize ...
Wednesday, 23 December 09
INDONESIA POWER CHIEF TO BUILD PLANTS OUTSIDE JAVA
Indonesia's state electricity firm plans to build new power plants outside Java island with a combined capacity of around 2,000 megawatts to resolv ...
Wednesday, 23 December 09
BUKIT ASAM SEES CHINA COAL DEMAND BOOST
* Rebound in prices to have pushed up 2009 revs
* To more than double Tarahan port capacity
Reuters reported that, Indonesian state-owned coal m ...
Wednesday, 23 December 09
MACARTHUR COAL OFFERS TO BUY RIVAL GLOUCESTER
Queensland-based Macarthur Coal will offer to buy fellow Australian Gloucester Coal, in a move to add two new mines and increase coal resources.
...
Tuesday, 22 December 09
CHINA CONTRACTED COAL PRICE FOR 2010 SEES SLIGHT INCREASE
A number of coal and power enterprises have concluded their annual power-coal supply contracts for 2010, and the contracted coal price saw slight in ...
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- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Riau Bara Harum - Indonesia
- Parry Sugars Refinery, India
- Wood Mackenzie - Singapore
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Banpu Public Company Limited - Thailand
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Economic Council, Georgia
- Malabar Cements Ltd - India
- Sical Logistics Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Romanian Commodities Exchange
- ICICI Bank Limited - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
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