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

Wednesday, 16 December 09
INDONESIA'S FIRST PRIVATE RAILWAY TO BOOST RAK'S MINING INTERESTS
MEC infra to invest $1b in construction of 130-km transport link A 130-kilometre railway that will ease the transport of raw materials and finish ...


Tuesday, 15 December 09
KOMIPO HAS ISSUED A NEW TENDER FOR 30000 MT OF 5200 NAR KCAL/KG COAL
COALspot.com (South Korea): South Korean state-owned utility Korea Midland Power (KOMIPO) has issued an new tender for prompt supply of 30000 M ...


Tuesday, 15 December 09
CHINA CUTS IMPORT DUTIES ON COAL, RAISES FOR OTHERS
China will lower import duties on more than 600 products next year, including coal, naphtha and phosphate ore, the Finance Ministry said on Tuesday. ...


Tuesday, 15 December 09
NTPC'S COAL WOES UNLIKELY TO END SOON
State-owned power producer NTPC’s woes over shortages of coal may not end soon. Though the company is importing 12.5 million tonnes of coal&nb ...


Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in th ...


   1233 1234 1235 1236 1237   
Showing 6171 to 6175 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 ...

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