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Tuesday, 23 June 09
NAPOCOR TO RE-TENDER FOR 195,000 T COAL IN JULY
Electricity producer National Power Corp. (Napocor) will hold a tender on July 15 to buy 195,000 tons of steam coal for its Sual power station, the state-run firm said on Tuesday.
Napocor is under pressure to source coal for its power plants following two failed tenders last month for a total 390,000 tons of the fuel, as potential suppliers turned away because of the firm's low budget.
The coal for Sual, in three lots of 65,000 tons each with gross calorific value of 5,960-6,750 kcal/kg, is scheduled for delivery between August and October.
Napocor is also to hold a separate tender on July 1 to secure 390,000 tons of steam coal for its Pagbilao power station.
The company needs to import almost 3.5 million tons of coal this year, and has awarded 1.365 million tons in supply contracts to several Indonesian suppliers.
The forecast volume is lower than the 4.18 million tons that Napocor imported in 2008, as it has privatized a number of coal-fed power facilities and since it also sources some of the fuel from domestic suppliers.
Prices of power-station coal from Australia, a benchmark for Asia, fell below $73 a ton last week, taking their cue from easing oil prices and ample supply.
Source: ABC-CBN NEWS (http://www.abs-cbnnews.com/business/06/23/09/napocor-re-tender-195000-t-coal-july)
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Friday, 19 June 09
COAL FORUM TO MEET IN BALI NEXT WEEK
Bali will host next week a Southeast Asian forum on coal, involving coal producers, consumers and government representatives.
The Indonesian Ener ...
Friday, 19 June 09
KARNATAKA POWER CORP BEGINS BLENDING INDONESIAN COAL
BL reported that the State Government owned power utility Karnataka Power Corporation Limited has begun blending imported Indonesian coal for its th ...
Thursday, 18 June 09
COAL MINING HALTS AFTER DEADLY BLAST - (UPDATE 2)
All mining activists in Sawahlunto, West Sumatra, are at a standstill after a major underground explosion killed at least 31 miners and buried 12 ot ...
Thursday, 18 June 09
INDIA'S HINDALCO CLOSE TO BUYING AUSTRALIA COAL MINE
India's largest aluminium maker Hindalco Industries is close to acquiring a coal mine in Australia, for about $70-$80 million, The Economic Times r ...
Thursday, 18 June 09
GERMAN COAL BUYERS SEE LOWER IMPORTS, PRICES
* Coal imports and prices fall as steel industry slumps
* Coal industry grapples with carbon polluter image
German imports of hard coal are like ...
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- Price Waterhouse Coopers - Russia
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- Ministry of Finance - Indonesia
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- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
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- The Treasury - Australian Government
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- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
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