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Thursday, 23 December 10
STERLITE ENERGY LIMITED TO BUY 0.6 MLN MT OF COAL FOR 2011
COALspot.com - Sterlite Energy Limited (SEL) is a part of Vedanta Resources plc , a London listed FTSE 100 diversified metals and mining major with Aluminium, Copper, Zinc and Iron ore operations in India, Australia and Zambia, and a subsidiary of Vedanta group flagship company, Sterlite Industries (India) Limited, has called for bids for calorific Value of 5000 - 6500 GAD coal totaling 600 K MT for delivery in jan- dec 2011.
In tender, Sterlite Energy Limited, the utility called for bids for 0.60 million tons with a minimum heating value of 5,000 kcal/kg GAD or 4,500 kcal/kg GAR. Coal can be supplied from either Indonesia, South Africa or any other origin. According the tender requirements, the supply would be on a door delivered basis, loaded onto rakes, all loading/unloading demurrages to Supplier’s account.
Each shipment size can be anything between 50,000 - 100,00 MT per month. The period of delivery is January 2011 - December 2011.
Total Mositure of coal should not more than 20% in monsoon period ( Jun - September) and 25% during non monsoon period. Ash content of coal also limited to 15% and Sulphur 1% maximum.
Sterlite Energy Limited also put a limitation for Na2O in ash and K2O in ash, maximum 1% and 2% respectively.
Bids close on December 27 2010.(cs)
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Friday, 31 December 10
STC TO FINALIZE 12 MILLION MT OF COAL IMPORT CONTRACT TO TWO INDIAN AND A DUBAI BASED COAL TRADER - SOURCES
COALspot.com - World's single largest coal import tender floated by STC on behalf of state utility NTPC to finalize its suppliers or already finali ...
Thursday, 30 December 10
DRY BULK MARKET STAYS SUBDUED AT THE END OF 2010 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dy bulk market failed to cheer ship owners across the board as the year draws to an end, thus bringing mixed feelings ahead of 2011. On one hand ...
Thursday, 30 December 10
KANGAROO RESOURCES BUYS INDONESIAN COAL COMPANY
Australian-listed Kangaroo Resources Ltd. said Wednesday it will buy 99% of the Pakar thermal coal project in East Kalimantan, for A$277 million thr ...
Wednesday, 29 December 10
WEATHER IMPACTS RIO TINTO COAL AUSTRALIAS QUEENSLAND OPERATIONS
Press Release - As a result of severe monsoonal rain in central and northern Queensland, force majeure has been declared on coal sales contracts fro ...
Monday, 27 December 10
ANALYSIS: CHINA'S COAL PRODUCTION MISMATCHED WITH DOMESTIC DEMAND
As reported by iStock Analyst, China's coal market has been trapped in a strange cycle. Large coal production bases are facing overcapacity, while ...
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