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Wednesday, 18 July 12
TAIWAN POWER COMPANY TO IMPORT 0.588 MILLION TONS OF LOW ASH AND EXTRA LOW SULFUR SUB-BITUMINOUS COAL
 COALspot.com - Taiwan Power Company intends to procure 588,000 MT tons of extra low sulfur sub-bituminous coal for Taipower thermal power plant through open tender. According to tender, the bidders can obtain the bidding document from July 17, 2012 to July 26, 2012 (Taipei time). Bidders are required to submit the bids on or before July 26, 2012 5:00 p.m (Taipei Time).
588,000 tons of sulfur sub-bituminous coal required to deliver by Seven (7) Panamax Size vessels (84,000 +/- 10%) during August 2012 through December 2012.
As per tender, the Gross Calorific Value of coal should not lesser than 4,800 kcal/kg on arb basis, total moisture (arb) 30 % max, Ash Content (adb) 4 % max and total Sulphur (adb) not more than 0.2 %. Meantime, Na2O in Ash (%) should not more than 2%, however If both actual (a) CaO+MgO>Fe2O3, and actual (b) CaO+MgO+Fe2O3 >20% are met, then Na2O in Ash can be raised to 5.0% Max. According to tender document Gross Calorific Value greater than 6,900 kcal/kg will be treated as 6,900 kcal/kg, hence no premium will be paid if the GCV is above 6900 kcal/kg.
For more details of tender or bidding document, click here
About Taipower
“Taiwan Power Company” (Taipower) was organized on May 1, 1947. At the end of 2010, the company had NT$330 billion in capital, with total assets of NT$1.6 trillion and 26,828 employees. Taipower provides service to 12.58 million customers on the island of Taiwan and the Kinmen and Matsu islets. The company’s major business items are power development, power supply, investment in power- related businesses, energy technology services, management consulting services, real estate development, rental and leasing business, etc.
Taipower is a state-owned enterprise under the Ministry of Economic Affairs (MOEA). The board of directors and supervisors have been established in accordance with Company Law. Business decisions are based on a Chairman- led management system. Organizational adjustments are undertaken according to the regulations stipulated by the MOEA or necessary business changes. In the management sector, there is one president who, based on regulations and decisions of the board of directors, is empowered to oversee the company’s overall business and direct and supervise the employees. There are several vice presidents (7 in 2010) to assist the president with promoting the company’s business plans. The company’s business divisions are: the headquarters, which is in charge of the business related to planning, supervision and evaluation; and the subsidiary units, which are in charge of the business related more to implementation. In addition, committees were established to coordinate the business that involves multiple units.
Taiwan Power Company is a public utility and the sole integrated power company in Taiwan. In compliance with the government’s economic development and the policy of ensuring the people’s well-being, the company will do its utmost on every level to provide quality and stable electricity to the public. (Source - Company's website)
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Monday, 10 September 12
TNPL, AN INDIAN PAPER MAKER IS SEEKING FOR 300K MT OF IMPORTED NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint & Papers Ltd. , an Indian paper maker, is seeking 300,000 metric tons ± 5% (In 6 Shipments about 50,0 ...
Monday, 10 September 12
DRY BULK MARKET SLOWLY BUT SURELY REACHING CRITICAL STATUS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The radical consequences of the shifts in dry bulk demand and prices, especially for the most sought after commodity, concerning the industry, i.e. ...
Monday, 10 September 12
ORPHEUS ENERGY SECURES INDONESIAN COAL TRADING LICENSE
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced today that the Indonesian Ministry of Energy and Mineral Resources h ...
Monday, 10 September 12
A SNAPSHOT ON THE ECONOMIC AND SHIPPING ENVIRONMENT - GOLDEN DESTINY / HELLENIC SHIPPING
The European Central Bank left its interest rate unchanged at 0.75% focusing on pushing down borrowing costs in troubled economies, Spain and Italy. ...
Sunday, 09 September 12
H213 SUB-BIT FOB INDONESIA COAL SWAPS ARE TRADING HIGHER
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 0.14 percent W-O-W on 7 September 2012, Friday closing but gained ...
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