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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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Monday, 07 December 09
CHINA COKING COAL PRICE MAY RISE 14% ON DEFICIT, CITIGROUP SAYS
Coking coal prices in China, the world’s biggest steel producer, may rise 14 percent next year because of a supply deficit, Citigroup Inc. sai ...
Monday, 07 December 09
JSW STEEL TO SELL MOZAMBIQUE COAL MINE FOR RS 300 CRORE
JSW Steel may sell its coal mine in Mozambique to sister company JSW Energy as the mine has become commercially unviable for the steel producer, a t ...
Monday, 07 December 09
BLACK RIDGE MINING ENTERS AGREEMENT WITH INDONESIAN COAL PRODUCER
Australian-listed Black Ridge Mining has entered into an exclusive dealing and non-circumvention agreement with Indonesian coal producer PT. Inmas A ...
Sunday, 06 December 09
THE ECI / CHINA (S7) ROUTE SOFTENED AND WAS AT US$ 25,275 PER DAY - VISTAAR
COALspot.com (Singapore): "The market was bit soft in the beginning of the week, however towards mid week that market started to pick up and th ...
Sunday, 06 December 09
NEW MANGALORE PORT GETS UPCL'S FIRST COAL PARCEL FROM INDONESIA
The Lanco Group-promoted Udupi Power Corporation Ltd (UPCL) has received the first parcel of imported coal from Indonesia at the New Mangalore Port. ...
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- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- South Luzon Thermal Energy Corporation
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Commonwealth Bank - Australia
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- PTC India Limited - India
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Kartika Selabumi Mining - Indonesia
- Central Electricity Authority - India
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Salva Resources Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Coal Association
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Malabar Cements Ltd - India
- The University of Queensland
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Bhushan Steel Limited - India
- Independent Power Producers Association of India
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Bulk Trading Sa - Switzerland
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Coal and Oil Company - UAE
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
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