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Wednesday, 03 June 09
NAPOCOR EXTENDS COAL TENDER FOR SOLE BIDDER - ABS CBNNEWS

National Power Corp. (Napocor), the top Philippine electricity producer, has given the lone bidder at a tender for 195,000 tons of coal more time to sort out its bid, a senior company official said.
Indonesian firm PT Delta Minerals International was the only company that submitted an offer to supply 195,000 tons of steam coal to Napocor's Sual power plant, but Napocor did not accept the bid because of a technicality.
Delta Minerals' Philippine partner, Woodridge Properties Inc., did not submit eligibility documents as required of all bidders, said Edmund Anguluan, who heads the bidding committee.
"I cannot categorically say that it is a failed bidding. We're giving them three days to file a motion for reconsideration," Anguluan told reporters.
Napocor was looking to buy the coal at $73.86 a ton, including cost and freight. The coal, in three lots of 65,000 tons each, is scheduled for delivery from Sept. 24 to Nov. 26.
Last month, Napocor reconsidered a bid by PNOC-Exploration Corp. for 100,000 tons of local blended coal after the Philippine oil and gas explorer submitted a fresh bid.
Anguluan said Napocor cannot afford to run out of coal for its power generation plants but added the company still has enough stocks at the moment.
The power firm failed to buy 195,000 tons of coal for its Pagbilao power station and another 195,000 tons of coal, also for its Sual plant, at two separate tenders last month with prospective suppliers turned off by the low budget.
Napocor has said it needs to import nearly 3.5 million tons of coal this year, and has so far awarded 1.365 million tons to several Indonesian suppliers.
Australian thermal coal prices, a benchmark for Asia, rose to a fresh three-month high of $66.31 a ton last week, supported by gains in crude oil prices and Chinese demand.
Source: http://www.abs-cbnnews.com/business/06/03/09/napocor-extends-coal-tender-sole-bidder
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Tuesday, 05 May 09
INDONESIA'S ADARO PAYS $78.6 MLN FOR COAL-BARGING FIRM - REUTERS
INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, said late on Monday it paid $78.6 million for a 74 percent stake in Orchard ...
Tuesday, 05 May 09
PHILIPPINES SEMIRARA STILL EXPECTS HIKE IN COAL SALES - BUSINESS MIRROR
DESPITE the anticipated soft demand resulting from the prevailing global financial crisis, the country’s largest coal producer Semirara Mining ...
Monday, 04 May 09
VISTAAR SINGAPORE SAYS, THIS MONTH DRY BULK FREIGHT LIKELY TO COME DOWN
COALspot.com (Singapore) - VISTAAR shipping Services Pte Limited of Singapore, said, the beginning of last week started with bit of weakness an ...
Monday, 04 May 09
PNOC-EC TO GROW COAL OPERATIONS - PHILIPPINE DAILY INQUIRER
LISTED firm Philippine National Oil Co.-Exploration Corp. plans to expand its operations this year to ensure the steady supply of coal and fur ...
Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...
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- Rashtriya Ispat Nigam Limited - India
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- IEA Clean Coal Centre - UK
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- Energy Development Corp, Philippines
- Planning Commission, India
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- The University of Queensland
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- Formosa Plastics Group - Taiwan
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- Ministry of Transport, Egypt
- Agrawal Coal Company - India
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- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
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- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
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- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
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- Videocon Industries ltd - India
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Minerals Council of Australia
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- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
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- Gujarat Electricity Regulatory Commission - India
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- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
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- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
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- CIMB Investment Bank - Malaysia
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- Merrill Lynch Commodities Europe
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
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- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Coalindo Energy - Indonesia
- The Treasury - Australian Government
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- London Commodity Brokers - England
- Independent Power Producers Association of India
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- Bhoruka Overseas - Indonesia
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- Coal and Oil Company - UAE
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- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
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- Tata Chemicals Ltd - India
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Australian Coal Association
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