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Friday, 25 March 11
KNOWLEDGE INFRASTRUCTURE TO BAG 160,000 MT COAL SUPPLY ORDER FROM TNPL
 COALspot.com - Delhi based Knowledge infrastructure Systems Pvt. Ltd offered lowest price of US$ 97.10 per metric ton for calorific value of 6000 GAD and 15 percent total moisture coal for TNPL against its latest tender. According to E-Tender conducted by TNPL at 12 noon IST today, the lowest price was at US$ 100.40 per metric ton, our sources said.
However, the Manual bid's lowest price of US$ 97.10 of knowledge would emerge as lowest and emerged as the contract winner. This price includes US$ 3.5 - 4 logistics cost making the net CIF price around US$ 93.5 – 94 per MT. The freight rate from Indonesian to Tuticorin may work out at US$ 15.00 – 16.00 per Mt, said a ship operator from Singapore.
According to the tender issued on 1st March 2011, the quality of coal should be Gross Calorific Value (adb) 6000 Kcal/Kg basis and will be rejected if GCV is below 5600 kcal/kg. The Inherent Moisture (adb) of around 10 pct, Total Moisture (arb) 15 pct basis and above 23 pct will be rejected. The Ash content (adb) 8 pct max , Sulphur (ADB) 0.8 pct max and Volatile Matter (adb) 25 to 45 pct and above 45 pct will be rejected.
TNPL tender terms say, the winner will be selected based on the lowest bid either from E-tender or sealed manual tender price. The manual bids were opened around 3 pm IST today, and Knowledge infrastructure’s price was the lowest among the seven participants.
Most probably, TNPL, will award the 160,000 MT of coal supply order to Knowledge infrastructure.
TNPL's latest tender price is 19.58 percent or US$ 15.90 higher than its last purchased price of US$ 81.20 per MT. TNPL brought 240,000 tons of the fuel from Indonesia last November 2010 at US$ 81.20 PMT an Indian trader said.
The reference price (HPB) set by Indonesia for coal grade of 5,667 GAR kcal/kg heating value was at US$ 103.50 per a ton FOB based on March 2011 HBA. HBA index of March 2011 is US$ 26.92 or 28.18 percent higher than November 2010 HBA.
TNPL is a regular importer of Indonesian coal, for its paper factory in Karur district, India.
Adani Enterprise, Gupta coal, MSTC, Rudhra Energy, Star Coal, Knowledge Infrastructure and Coastal Energy have submitted bids to supply 160,000 plus minus 5 percent metric tons of non-coking coal with Gross Calorific Value (ADB) 6000 Kcal/Kg.
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Tuesday, 19 April 11
LONDON COMMODITY BROKERS OPENS JOHANNESBURG OFFICE
COALspot.com - London Commodity Brokers (LCB), a broking house specialising in bulk physical and Over-The-Counter commodities and options (coal ...
Tuesday, 19 April 11
TNPL TO CONDUCT E-AUCTION TO SECURE 160,000 MT OF COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL) a state utility of Tamil Nadu, India to conduct reverse auction on 20 April 2011, betw ...
Tuesday, 19 April 11
ADARO TO ALLOT US$100 MIO FOR COKING COAL - INSIDER STORIES
One of Indonesia's largest coal miner PT Adaro Energy Tbk (ADRO) plans to spend US$100 million in coking coal project dubbed IndoMet Coal, a joint ...
Tuesday, 19 April 11
KPCL TO OPEN PRICE BID ON 23 APRIL 2011 TO FINALIZE ITS ONE MILLION MT COAL SUPPLIER
COALspot.com - Karnataka Power Corporation (KPCL) a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 ...
Monday, 18 April 11
INDONESIA HAS SET THE APRIL 2011 COAL REFERENCE PRICE FOR THERMAL COAL AT US$ 122.02 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the April 2011 Indonesian Coal Reference Price for thermal coal at ...
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- Ind-Barath Power Infra Limited - India
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- Chamber of Mines of South Africa
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- Global Business Power Corporation, Philippines
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- Tamil Nadu electricity Board
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- Cigading International Bulk Terminal - Indonesia
- Bhatia International Limited - India
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- Attock Cement Pakistan Limited
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- GAC Shipping (India) Pvt Ltd
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- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
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- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
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- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
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- Commonwealth Bank - Australia
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- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
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- Videocon Industries ltd - India
- Semirara Mining Corp, Philippines
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- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
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- Binh Thuan Hamico - Vietnam
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- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Wilmar Investment Holdings
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- Salva Resources Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
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- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
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- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
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- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
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- Mintek Dendrill Indonesia
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- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
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- White Energy Company Limited
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- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Ceylon Electricity Board - Sri Lanka
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- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- MS Steel International - UAE
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- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
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- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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- Krishnapatnam Port Company Ltd. - India
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- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Formosa Plastics Group - Taiwan
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
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- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Global Green Power PLC Corporation, Philippines
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- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
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