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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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Monday, 27 December 10
HUNT FOR OVERSEAS COAL ASSETS TO INTENSIFY - FINANCIAL EXPRESS
Financial Express reported that, With the Indian economy back on the track after the slowdown, merger and acquisition (M&A) activities in the re ...
Monday, 27 December 10
RIO TINTO EYES AUSTRALIAN COAL MINER - RTE NEWS
Global resources giant Rio Tinto has made a $3.9 billion bid for Australian coal miner Riversdale.
RTE News reported that, Global resources giant ...
Sunday, 26 December 10
ANGLO SELLS AUSTRALIAN COAL ASSETS - BARCELONA NEWS
Barcelona News reported that, Anglo American has sold off undeveloped Australia coal assets for $577 million.
The global resources giant ha ...
Saturday, 25 December 10
FREIGHT MARKET - LOWEST FIXTURES REPORTED SINCE MID 2009 - CAPT. REDDY
COALspot.com - We wish you a Merry Christmas and a Happy New Year 2011.
The holiday season seems to have severely affected the fr ...
Friday, 24 December 10
CIL SHORTLISTS 21 FIRMS TO IMPORT 250 MT COAL - THE HINDU
The Hindu reported that, Coal India plans to import about 250 million tonnes (mt) over the next 10 years to meet the country's growing requirement. ...
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