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, 09 December 09
COAL INDIA YET TO IMPLEMENT IMPORT LINKED PRICES
Coal India Ltd is adopting a conservative approach in pricing despite being allowed to charge import-linked price for the country's minuscule reser ...


Wednesday, 09 December 09
INDIA NEEDS TO IMPORT 29 MILLION TONNE STEAM COAL IN 2009 - 10
Mr Sriprakash Jaiswal Indian minister of state (Independent Charge) for coal informed the Rajya Sabha that Central Electricity Authority has estimat ...


Tuesday, 08 December 09
VOLATILE COAL PRICES SPUR ASIAN HEDGING
Volatile coal prices are forcing staid Asian power firms to change the way they buy fuel, setting the scene for a hedging boom as a growing array of ...


Tuesday, 08 December 09
MEC TO SHIP 2M T INDONESIA COAL TO INDIA IN 2010 - REUTER'S INTERVIEW
The UAE's Middle East Coal plans to start operation of coal mines in Indonesia's East Kalimantan province next year with initial production of 2 m ...


Tuesday, 08 December 09
RICHARDS BAY COAL SHIPMENTS FELL 11% IN NOVEMBER FROM YEAR AGO
Coal exports from South Africa’s Richards Bay, site of the continent’s largest export terminal for the fuel, fell 11 percent in November ...


   1236 1237 1238 1239 1240   
Showing 6186 to 6190 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 ...

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