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Monday, 25 May 09
MMTC TO IMPORT 12.5 MN TN COAL FOR NTPC
 India's State-run trading firm MMTC Ltd will import 12.5 million tonnes of coal this fiscal for the country’s largest power producer, NTPC. MMTC has invited bids for purchasing coal to meet the requirements of the power major.
The bids would have to be submitted by June 4 and would be evaluated the same day, MMTC said on its website. According to the Central Vigilance Commission guidelines, the bid would be split in the ratio of 60:40 considering the nature of the fuel. Thus, the lowest bidder would supply 60 per cent of the quality and remaining 40 per cent would be purchased from the second lowest, the trading firm said.
Besides importing coal, the successful bidders would be responsible for making all arrangements for delivering the dry fuel at NTPC’s thermal power stations. The power company would only arrange for unloading of coal from railway wagons at their electricity generation plants, it said.
During this fiscal, NTPC requires close to 150 million tonnes of coal. Since the imported coal has a higher calorific value, the 12.5 million tonnes of dry fuel would meet around 20 million tonnes of fuel demand of NTPC.
Coal India Limited and its subsidiaries would meet the remaining requirement of about 130 million tonnes for NTPC during this fiscal. NTPC had set a target of importing 8.2 million tonnes of coal. It revised coal import target upwards to 12.5 million tonnes for this fiscal considering its power generation capacity addition of about 3,000 Mw this financial year.
NTPC had imported nearly 5 million tonnes of coal of the targeted 8.2 million tonnes during 2008-09 for meeting its requirement of 125 million tonnes. NTPC would commission two units of its Dadri thermal power station in Uttar Pradesh, one unit each in Sipat (Chhattisgarh), Korba (Chhattisgarh) and Aravalli (Jhajjar, Haryana) in 2009-10. Presently, NTPC has installed power generation capacity of around 30,000 Mw in the country.
Source: Ship Chartering
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Wednesday, 27 May 09
NEWCASTLE PORT'S WEEKLY COAL EXPORTS INCREASE 3.6% - BLOOMBERG
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, rose 3.6 percent last week while the num ...
Wednesday, 27 May 09
EUROPEAN COAL PRICES FOR 2010 SETTLEMENT DROP TO 11-DAY LOW - BLOOMBERG
Benchmark European coal derivatives declined to an 11-day low as oil prices slumped.
Coal for delivery to Amsterdam, Rotterdam or Antwerp with se ...
Tuesday, 26 May 09
NEW MINING PERMITS TO BE OBTAINABLE WITHIN TWO WEEKS' TIME - MAJALAHTAMBANG
The Indonesian government is currently formulating a procedure for companies willing to obtain mining permits (IUP in its Indonesian abbreviation). ...
Tuesday, 26 May 09
KADIN CALLS FOR BIGGER RECOGNITION OF MINING SECTOR - MAJALAHTAMBANG
The Indonesian Chamber of Commerce and Industry (KADIN Indonesia) had called other sectors, particularly the forestry and the land administration se ...
Tuesday, 26 May 09
TUTICORIN PORT TO INVEST RS 700CR FOR COAL HANDLING FACILITIES
Business Standard reported that, The Tuticorin Port will develop coal handling facilities for state-run Neyveli Lignite Corporation (NLC) and Coasta ...
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- GVK Power & Infra Limited - India
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- Wilmar Investment Holdings
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- Australian Coal Association
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- White Energy Company Limited
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- Coal and Oil Company - UAE
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- PowerSource Philippines DevCo
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- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- India Bulls Power Limited - India
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- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Wood Mackenzie - Singapore
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- Mintek Dendrill Indonesia
- The University of Queensland
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- Gujarat Electricity Regulatory Commission - India
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- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
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- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
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- Minerals Council of Australia
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
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- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
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- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Mercuria Energy - Indonesia
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- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
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- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- McConnell Dowell - Australia
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
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- TeaM Sual Corporation - Philippines
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- London Commodity Brokers - England
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